The Virginian-Pilot
THE LEDGER-STAR
SERVING SOUTHEASTERN VIRGINIA AND NORTHEASTERN NORTH CAROLINA
HEAVY LOSSES, PUBLICITY TRIGGER CLOSER ATTENTINO FROM REGULATORS
THE DANGERS OF DERIVATIVES VIRGINIA BEACH FEDERAL SAVINGS BANK LEARNED THE HARD WAY - BY REPORTING A $1.26 MILLION LOSS - THAT THE SEEMINGLY SAFE FINANCIAL CONTRACTS HAVE THEIR DARK SIDE.
Return to the index page for this issue
by SS