I have used two local family owned banks since the early 80s. Oklahoma went through what most of the country is going through now(bad loans), when they made some of the most ridiculous energy loans(see Penn Square Bank), Ever! One time on a plane ride home from Vegas, a famous loan officer(went to the joint) offered me a $200,000 line of credit on a cocktail napkin. I'm sure their will be a few books written about some of these banks and hedge funds that go under.
