Bridgeport bank failure cost millions more than feds have said: Where did all the money go? – Chicago Sun-Times

It’s been more than five years since federal regulators shut down a tiny bank in Chicago, in the process exposing deep connections to the Daley family and its political army. So far, the FDIC has recovered about $59 million from insurance companies for the bank and its auditors as well as from the sale of 135 loans and repayments of delinquent loans - but it's still out about $81 million, and it can’t say how much more it might still be able to recover.