NetBank Joins The Deadpool
NetBank, one of the first online banking startups and a survivor of the first web bubble, was closed Friday after intervention from the US Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC).
NetBank had been in trouble for some time with failed mortgages and serious operating deficiencies. The service, which floated at $12 [...]
September 30 2007 01:09 am | Web 2.0
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