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BANKING & FINANCE - July 4, 1991

From Times Staff and Wire Reports

Silverado’s Accountant to Pay $20 Million: U.S. District Judge Sherman Finesilver of Denver approved a $20-million settlement of a government suit against Coopers & Lybrand, the accounting firm that audited Silverado Banking, Savings & Loan before its collapse in 1988. The firm was accused of holding a flawed Silverado audit in 1986.

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