David Taylor (banker)
Encyclopedia
David G. Taylor was chairman of Continental Illinois National Bank and Trust Company
in early 1984. He successfully negotiated with the Treasury Department for it to arrange a $7.5 billion rescue package for the bank.
Continental Illinois National Bank and Trust Company
The Continental Illinois National Bank and Trust Company was at one time the seventh-largest bank in the United States as measured by deposits with approximately $40 billion in assets. In 1984, Continental Illinois became the largest ever bank failure in U.S. history, when a run on the bank led to...
in early 1984. He successfully negotiated with the Treasury Department for it to arrange a $7.5 billion rescue package for the bank.