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Doral Financial(DRL Quote) investors can't seem to catch a break.
The latest troubling news to come from the scandal-tarred Puerto Rican bank concerns the surprise resignation of Chairman John Ward late last week. Ward quit following a disagreement with Doral's other top executives over a potential sale of the bank.
Ward, in an email sent to some employees on Friday, says he is becoming "increasingly concerned about the process of governing this company." Ward is concerned Doral's investment bankers "will not aggressively pursue a strategic buyer.'' ...
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