Thursday, June 11, 2009

Strib:"N.D. bank claims it was duped in a loan to Petters"

Strib:

VISIONBank has filed a lawsuit alleging that Minnwest Bank Metro blindsided it in a $2.47 million deal involving accused swindler Tom Petters and Michael O'Shaughnessy, a business partner and former CEO of Polaroid Corp.



Brian Lambert at MinnPost:

Suffice it to say, you and I don't get $2 million this easily.