Closing Arguments In Fraud Trial Of Former Bank Executives

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Mon, 04/23/2018 - 11:57am

WILMINGTON, Del. (AP) — Four former Wilmington Trust Corporation executives knew they were misleading banking regulators and investors by concealing the truth about the bank's imploding commercial real estate loan portfolio in the wake of the 2008 financial crisis, a prosecutor told jurors Monday in the defendants' federal fraud and conspiracy trial. "The defendants knew that what they were doing was wrong," Assistant U.S.

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