Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! Message Board

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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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From: ravenseye	10/27/2007 9:57:25 PM
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Last updated October 25, 2007 7:08 p.m. PT Lending investigation hits WSB stock Regulators eye mortgages, construction loans at bank By BILL VIRGIN P-I REPORTER WSB Financial Group Inc.'s stock price has plunged 60 percent in two days following the disclosure that the company's subsidiary, Bremerton-based Westsound Bank, is being investigated by federal and state regulators. In trading Thursday on Nasdaq, WSB's stock fell $1.87 a share to $4.73. That follows a drop on Wednesday of $4.96 a share.... seattlepi.nwsource.com ...WSB also said regulators are investigating "possible fraud, misconduct and other violations" by former employees and third parties over application for, processing and approval of certain loans....

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