Word: murkier
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Dates: during 1980-1989
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...First Pennsylvania Bank, the 23rd largest in the nation, the troubles were a bit murkier but just as painful. The FDIC put up $325 million in loans, while the 25 private banks, led by New York's Citibank, provided $175 million more -plus a $1 billion stabilizing credit line. In a stormy meeting with stockholders, the bank's new chairman, George Butler, 52, admitted that First Penn would lose $100 million in the current quarter...