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failed Alabama bank. The estimated $21 billion fraud at Colonial Bank of Montgomery, Alabama, was orchestrated by top executives ..... transactions, look just like legitimate transactions at Colonial Bank ," Tanis aid. "Those fraudulent transactions just
shut down after federal agents raided its headquarters in August 2009, which led to the failure of Alabama-based Colonial Bank — the sixth-largest bank failure in U.S. history. At its peak, Taylor Bean had about 2,500 employees and had
Audio & Video
Some conservatives have a beef with Michelle Obama’s invitation to a rapper who once called for the “burn”-ing of George W. Bush to perform this week at White House event. Hip-hop artist Lonnie Rashid Lynn Jr., a Chicago native who goes by the name Common, will be part of a poetry program Wednesday night. President Obama is expected to attend. The Daily Caller, a conservative news site launched by Tucker Carlson, has helped spearhead the controversy over the rapper. (And this marks the only time “Tucker Carlson” and “rapper” have ever appeared in the same sentence.) The site reprinted lyrics from one Common work, "A Letter to the Law" in which he says his "Uzi weighs a ton" Should he be reading poetry at the White House with these controversial lyrics?