United Community Banks gets Treasury money
Full story: Asheville Citizen-Times
“United was already above the well-capitalized levels..."
Apparently, United Community doesnt really need the money yet they still took it at tax payers' expense. Greed.
|United Community stock declines (May '08)||Aug '10||local guy||8|
|Loan losses weigh on UCB earnings (Aug '08)||Dec '08||UCB Needs Bail Money||2|
|Paulson Bucks for United Community (Dec '08)||Dec '08||Harry Johnson||1|
|Merger (Feb '07)||Feb '07||speedy||1|