Business & Tech
Ex-Banker Blames "Vendetta" for Disgrace
A former president of the Martha's Vineyard Savings Bank tells the Vineyard Gazette that he is the victim of a "personal vendetta" and innocent of the charges leveled against him in a federal stipulation barring him for life from the bank
After the Martha's Vineyard Times broke the news last weekend that Christopher Wells, former president of the Martha's Vineyard Savings Bank, had been barred from his profession for life by the Federal Deposit Insurance Corporation, Wells responded in a statement sent to the Times's rival paper, the Vineyard Gazette.
Today's Gazette reports that Wells blames a "personal vendetta" by the FDIC for his disgrace, and that he says the bank was not harmed and he did not act for his own personal gain.
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