Bainbridge Conversation

Reporter Tristan Baurick engages island residents in a conversation about their community.
Subscribe to RSS
Back to Bainbridge Conversation

American Marine hires New York firm to recover losses

October 6th, 2009 by tristan baurick

American Marine Bank has hired a New York investment bank to help it recover the $20 million the Bainbridge-based bank lost in the first half of 2009.

Acting bank president Renzo Lucioni admitted that raising money during a recession will be difficult and expensive.

“I don’t think necessarily (that it) is going to be an easy thing,” he told Sun business reporter Rachel Pritchett.

Read Pritchett’s full story here.

Post to Twitter Tweet This Post

This entry was posted on Tuesday, October 6th, 2009 at 2:25 pm by tristan baurick and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Email This Post Email This Post

Comments are closed.

Available on Kindle

Polls

How should the city pay the high cost of fixing its roads?

View Results

Loading ... Loading ...

Bainbridge News on Facebook

Tristan’s Twitter Updates

RSS Subscription

E-mail notifications


 

Calendar

October 2009
M T W T F S S
« Sep   Nov »
 1234
567891011
12131415161718
19202122232425
262728293031  

Categories

Archives

 

October 2009
M T W T F S S
« Sep   Nov »
 1234
567891011
12131415161718
19202122232425
262728293031