Monday, February 11, 2013

Chutzpah

Credit Union Journal is reporting that Robert Nealon, the former CEO of failed Constitution Corporate FCU, asked the U.S. Court of Appeals for the District of Columbia to overturn the NCUA Board’s decision denying him back pay and benefits after the agency seized Constitution Corporate in September 2010. The failure of Constitution Corporate is estimated to cost $200 million to resolve.

Read the story in Credit Union Journal (subscription required).
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