Episode Details

This is the best of BND: Interviews. A discussion with Allan Burkley about the failure of Heartland Tri-State Bank in Kansas and the fraud that was committed by their CEO Shan Hanes. This story is fascinating from many angles including internal controls, separation of power, checks and balances, who should serve on the board, the effect of a dominant CEO, internal fraud at banks, and how a bank’s failure can affect all stakeholders. This episode examined an article from Bank Director titled “Victim or Perpetrator?” A link to the article is included below.

Link: https://www.bankdirector.com/article/magazine-exclusive-victim-or-perpetrator/