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$500 Million Question Surrounding Florida Land Bust: Whose Loans Are They Now?

AUG 29, 2007 8:50pm ET

FORT MYERS, Fla. – As regulators tally the losses of two failed Florida real estate developments that helped sink three credit unions, observers are wondering who will take the final hit on more than $500 million in loans made by the three CUs to investors in the properties.

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