Breaking the Bank
Season 5 Episode 4 | 27m 51sVideo has Closed Captions
he story of the collapse of Penn Square Bank in Oklahoma City.
Penn Square Bank was a small suburban with close to 30 million in assets. Then an oil boom in the Anadarko Basin of Oklahoma generated a flood of oil men looking for loans. Overnight Penn Square Bank grew to a bank with assets of close to half a billion dollars. However, reckless lending would lead to a catastrophic downfall that would bring down some major banking institutions of the time.
Problems with Closed Captions? Closed Captioning Feedback
Problems with Closed Captions? Closed Captioning Feedback
Back in Time is a local public television program presented by OETA
Breaking the Bank
Season 5 Episode 4 | 27m 51sVideo has Closed Captions
Penn Square Bank was a small suburban with close to 30 million in assets. Then an oil boom in the Anadarko Basin of Oklahoma generated a flood of oil men looking for loans. Overnight Penn Square Bank grew to a bank with assets of close to half a billion dollars. However, reckless lending would lead to a catastrophic downfall that would bring down some major banking institutions of the time.
Problems with Closed Captions? Closed Captioning Feedback
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Back in Time is a local public television program presented by OETA