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Again, Ford buys a bank at a bargain

By   /   Monday, August 2nd, 2010  /   Comments Off on Again, Ford buys a bank at a bargain

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To Carl Webb, California in 2010 looks a lot like California circa 1993.

A devastating meltdown in the housing sector. Sky-high unemployment. Deep budget problems. And a crisis in confidence that the Texas banker describes as “a little less spring in the step” of the California consumer.

In short, the perfect time to get back into the banking business.

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