North Dakota Fracking Boom Aids Community Bankers

Feb. 7 (Bloomberg) -- Gary Petersen, chairman and chief executive officer of Lakeside State Bank in New Town, North Dakota, and Dale Patten, president of McKenzie County Bank in Watford, North Dakota, talk about the impact of the state's oil and gas boom on their businesses. Oil production grew at the fastest pace in U.S. history last year as horizontal drilling and hydraulic fracturing, or fracking, unlocked crude oil trapped in formations such as North Dakota’s Bakken shale. They speak with Bloomberg's Anastasia Ustinova. (Source: Bloomberg)
Remembering Former AIG CEO Bob Benmosche
32:07 - Feb. 27 -- Robert Benmosche, the combative former chief executive officer of American International Group who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70.
  • House of Cards Season 3 Now on Netflix
  • Is America Facing a Third War in Iraq?
  • Former AIG CEO Benmosche