The Collapse of the bank, which went into FDIC receivership, resulted while in the lack of an extra $8 million to the bank’s shareholders. Never miss tomorrow's banking business news Let Banking Dive's free newsletter keep you educated, straight from your inbox. He’s for the federal penitentiary at Leavenworth, https://financefeeds.com/sky-mavis-axes-21-of-workforce-amid-wave-of-copyright-sector-layoffs/