Penn Square Bank
Penn Square Bank was a small commercial bank located in Oklahoma City, Oklahoma. The bank made a large amount of poorly underwritten energy-related loans that it sold to other banks. Losses on these loans led to significant financial problems these banks. Penn Square Bank eventually declared bankruptcy in July 1982.
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Penn Square Bank
Penn Square Bank was a small commercial bank located in Oklahoma City, Oklahoma. The bank made a large amount of poorly underwritten energy-related loans that it sold to other banks. Losses on these loans led to significant financial problems these banks. Penn Square Bank eventually declared bankruptcy in July 1982.
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Penn Square Bank was a small c ...... lared bankruptcy in July 1982.
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Penn Square Bank was a small c ...... lared bankruptcy in July 1982.
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Penn Square Bank
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