May 6 - has a story about a $ 90 million fraudulent loan scheme. One of the 5 banks that supposedly lost money in the scam was FLIC. No mention of the bank's share of the possible loss.
I wanted to take the opportunity to clarify your post. The name of the bank that was mentioned in the article is The First National Bank of New York, and not The First National Bank of Long Island.
Senior Executive Vice President
The First National Bank of Long Island
Thank you. I couldn't figure out the connection between FLIC and the other 4 banks. I also am impressed that you saw my post and took the time to reply. Thanks again.