Startup banks go from feast to famine in Florida

07/8/2008 | Wall Street Journal, The

Florida's hot real estate market lured many startup banks before plunging and dragging the banks down with it. While most banks are suffering, the startups have been particularly hard hit, as are their investors. Now, the banks face a significant challenge to become profitable or be forced to put themselves up for sale at a time when buyers are scarce.

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Wall Street Journal, The

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