FDIC Fridays...| Legislation, Law & the Government, Current Affairs, Commercial Banks, Banking | 4 Sep 2008 11:00 PM |
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| FDIC Fridays... by Reggie Middleton |
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From the Wall Street Journal:
Regulators shut down Silver State Bank, the latest in a series of bank failures and one that could ripple through the presidential campaign.
Until recently, the son of Republican nominee Sen. McCain sat on Silver State's board and was a member of its three-person audit committee, which was responsible for overseeing the company's financial condition. Andrew McCain left the Henderson, Nev., bank July 26 after five months on the board, citing "personal reasons." He is Sen. McCain's adopted son from his first marriage.
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