What ShoreBank’s Precarious Financial Situation Could Mean for Chicago | WBEZ
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Eight Forty-Eight

What ShoreBank's Precarious Financial Situation Could Mean for Chicago

ShoreBank has been working for months to line up funds needed to qualify for federal assistance under the Troubled Asset and Relief Program or TARP. But whether or not they'll qualify for TARP funds is still up in the air, and if they don't, the 37-year-old bank and its socially conscious ways might come to an end. Eight Forty-Eight's business contributor David Greising. explains what Shore Bank's closing would mean for Chicago.

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