Atlanta BusinessChronicle

The auction is the largest conducted so far by Bank of NorthGeorgia, which has been hard-hit by the real estate downturn, andsurpasses the scale of other sales of distressed metro Atlantaproperty. The auction comes as banks across the country, from smallcommunity lenders to mammoth financial conglomerates, arestruggling with how to liquidate toxic assets without pushing thebanks into insolvency.

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