Update on this story: a federal judge in Texas rejected the bank president& #39;s plea agreement today. Prosecutors said she agreed to 7 years, far less than max for the charges. Another sentencing hearing scheduled for December. https://twitter.com/Lucasgsl6/status/1311287795319812096">https://twitter.com/Lucasgsl6...

This is the other big Enloe update today. Good thread for the bank literate. Interesting tidbits for me include the fact that Moody was the largest shareholder in the bank& #39;s holding company, and so profited from inflated lending. https://twitter.com/khaslett/status/1311742803563687938?s=19">https://twitter.com/khaslett/...

Report also faults the bank& #39;s board for "limited banking knowledge or business experience." I got statements from some of them during my initial reporting for @irworkshop Some didn& #39;t respond to calls or me knocking on their door. https://investigativereportingworkshop.org/investigation/a-banking-mystery/">https://investigativereportingworkshop.org/investiga...

FDIC also says an bank cashier was in on the scheme. To my knowledge this individual& #39;s name hasn& #39;t been reported, with only the Pres and VP charged at this point. "unnamed co-conspirators" also make an appearance.