R. Larry Campbell, the bank's interim president and chief executive, said CommunityOne is "fully engaged" in efforts to boost its capital.

Asheboro-based CommunityOne is among 98 TARP-funded banks the Wall Street Journal deems "in jeopardy of failing." I'm not sure what "fully engaged" encompasses, but I guess they've already checked the couch cushions for change.

Comments

[Will Tax For Food]

And the solution is...

[Dr. Mary Johnson]

Ah yes, Community One (formerly known as First National Bank/Asheboro) . . . a once solid, albeit small, institution driven into the ground by the over-reaching of one of Asheboro's finest "right people" (who also happens to be one of the right upstanding "non-profit" hospital Board members that determindedly looked the other way in my sad saga).

FNB once traded at around $30/share. This year, it's traded as low as 0.27 CENTS/share: http://www.nasdaq.com/aspx/nasdaqlastsale.aspx?symbol=FNBN&selected=FNBN

I dunno about you, but I'm thinking they've already turned over the couches.

Last I heard, Campbell was fully egageed in buying up stock.

Meanwhile, while shareholders weep . . . and as some of us who were burned before anyone else was jump up and down and scream about these crooks and liars . . . Mike Miller lands on his feet as President of Pfieffer College . . . courtesty of what must have been some SERIOUS behind-the-scenes butt-ki$$ing by N.C. Commerce Secretary, Keith Crisco: http://drjshousecalls.blogspot.com/2010/11/asheboros-mike-miller-named-president.html

The webs are tangled. Too bad everybody was too busy looking away until they got tangled up in them.

Meanwhile, the spiders back away and float to safety.

Merry Christmas and Happy New Year.