Wisconsin Banking Update
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Legacy Bank Still Struggling
Posted on December 28th, 2010 No commentsMilwaukee’s Legacy Bank received $5.5 million in government investment in early 2009. The bank lost more than $6 million this year and more than $15 million in 2009. “It looks like the bank bailout for the small guys failed and the American public doesn’t have the stomach for another bailout. I know I don’t,” writes Milwaukee Journal Sentinel blogger James Causey.Leave a reply