Friday, September 05, 2008

Family Matters

We realize we aren't supposed to drag family matters into the presidential campaign unless it's to the everlasting credit of a Republican candidate, so let's all hail John McCain's son, Andrew, for having the perspicacity to quit Silver State Bank's board of directors for "personal reasons" just nine weeks before it collapsed.


FDIC Press Release, Sept. 6, 2008: "Silver State Bank, Henderson, Nevada, was closed today by the Nevada Financial Institutions Division, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver."
Two Months Ago

Las Vegas Sun, July 27, 2008: Andrew McCain resigned from the Silver State Bancorp of Henderson and Silver State Bank boards for "personal reasons," the Las Vegas Review-Journal reported Sunday... .

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