Banking

Business|
September 30, 1989

The Day Leroy Died

When a small private bank was closed on August 7, depositors lost all of their money, a pillar of the community came tumbling down, and the town’s trusting way of life was shattered.

Business|
June 1, 1987

The Party’s Over

In the early eighties, some Dallas savings and loans reaped profits in real estate investments while land was flipped, appraisals were inflated, and property was developed. Now the land deals have flopped, property values are deflated, and there are empty buildings all over town. And some S&Ls are broke

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