I’m in banking. I currently do consulting for “zombie banks” like Shore, trying to help them survive until they can get additional capital or find a buyer. To put management from a failed bank back in place is virtually unheard of. Not saying it’s never happened, but this deal stinks like a Chi-town sewer....
Thanks for your post.
I don’t know the first thing about banking but what you just said seems like common sense to me, it’s got to be a political thing, IMO.