FDIC's $219M Suit Blames Advanta Execs For Bank's Collapse
By Linda Chiem ( June 19, 2013, 2:20 PM EDT) -- The Federal Deposit Insurance Corp. launched suit Monday in Pennsylvania federal court to recover $219 million from two top executives of the failed Advanta Bank Corp. who allegedly crippled the bank and alienated customers by increasing credit card interest rates to unprecedented levels....
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