FDIC Directive To The Board Of Directors

 The FDIC issued last month an order to the Bank stressing more involvement of the Board of Directors and to hire qualified Compliance Officer which the FDIC must apporve. This officer will only report to the AUDIT Committee so that Doug Ayers as CEO has no supervisory wieght that could deter this individual from preforming their duties. This is a precurser to its no longer the Bank of Doug and others must act and act now. bankalchemist.