Calif. Banker Cops To Taking Bribes In $1B Bank Collapse

By Gail Sullivan ( September 29, 2015, 8:11 PM EDT) -- The head of Small Business Administration lending at the now-defunct La Jolla Bank has confessed in California federal court that she and senior bank executives took bribes in exchange for hundreds of millions of dollars in loans to unqualified borrowers in the run-up to the bank's $1 billion collapse....

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