Fiduciary breach for lenders is alive and well

By A. Barry Cappello   Note: This article appeared in the Letters to the Editor column of the Los Angeles Daily Journal, Sept, 20, 2011 This letter responds to "Reality check: A bank's liability is not that simple," by Jill Switzer (Sept. 1). In cautioning the reader not to assume that bank liability for depositor claims is "a snap," Switzer [ More... ]