As National City (NCC) Raises Money, More Banking Trouble Ahead

According to The Wall Street Journal, “the Cleveland-based regional bank was hammering out final terms of the transaction with a group of investors led by Corsair Capital LLC, a New York private-equity group.” The news is another example of how management at banks doomed their shareholders. When you enter your name and email address, you’ll be sent a link to confirm your comment, and a password.

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