Bank Sues Over 'Next to Fail' List

A Florida bank is suing a prominent banking analyst and his firm after they named it a candidate for failure. BankAtlantic Bancorp's suit against banking expert Richard X. Bove and his firm, Ladenburg Thalmann, claims defamation and negligence, after Bove included the institution in a recent report aiming to identify which U.S. banks were struggling hardest to cope with the current lending crisis. Bove produced his report following the collapse of lending giant IndyMac by analyzing publicly...Full Story
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