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Cascade Bancorp Message Board

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  • pmoishe pmoishe Feb 11, 2010 8:59 PM Flag

    Board of Dir. and Mgt.....

    This is very typical of small town biz and banking. The boards are all toadies of the founders and CEO. No independent review. You can see it in PRWT, LAD and many other local companies. Hand picked boards with no real scrutiny of the execs. CACB was a fine little bank that through hubris and dreams of grandeur screwed up a good thing. Now, the shareholders are left holding the bag. Nice job management.

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