Colorado Springs Business Journal » Blog Archive » Sometimes it’s tough to tell when a ‘bank’ isn’t a bank

Sometimes it’s tough to tell when a ‘bank’ isn’t a bank

by Rebecca Tonn

Published: June 19,2009

Time posted: 10:19 am

Tags: Banking and Finance, Colorado Bankers Association

Things are not always what they seem. Trite, but true. If national headlines scream “Another bank fails,” when actually it was an unregulated private lender that failed, it does a disservice to Main Street, said Don Childears, president and CEO of the Colorado Bankers Association, during a Colorado Springs Executives Association meeting. “Nine of 10 national headlines ...

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