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HOFFMAN v. FEDERAL DEPOSIT INS. CORP.

No. 89-70466.

912 F.2d 1172 (1990)

Harold A. HOFFMAN, individually and as president, director and participant in the conduct of the affairs of Alaska Continental Bank, Anchorage, Alaska, Petitioner, v. FEDERAL DEPOSIT INSURANCE CORPORATION, Respondent.

United States Court of Appeals, Ninth Circuit.

Submitted August 10, 1990.

Decided August 31, 1990.

As Amended October 25, 1990.

Attorney(s) appearing for the Case

Keenan Powell, Weidner & Associates, Anchorage, Alaska, for petitioner.

Robert S. Cessar, Federal Deposit Ins. Corp., Washington, D.C., for respondent.

Before RONEY, FARRIS, and FERNANDEZ, Circuit Judges.

FERNANDEZ, Circuit Judge:

The Federal Deposit Insurance Corporation (FDIC) issued a cease and desist order on September 12, 1989, in which, among other things, it directed Harold A. Hoffman (Hoffman) to repay $61,796.48 that he had received from Alaska Continental Bank (ACB). Hoffman has petitioned for a review of that decision. We affirm the action of the FDIC and deny the petition.

BACKGROUND FACTS

ACB commenced doing business in 1982 and by 1986...

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