Easley bank is ‘critically undercapitalized’

The troubles just keep a coming for CommunitySouth Financial Corp.

The Easley-based company’s subsidiary, CommunitySouth Bank and Trust, has been deemed “critically undercapitalized,” which means regulators may initiate additional enforcement actions against it, including placing the bank under conservatorship or into receivership, according to information filed with the US Securities and Exchange Commission.

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Anna Karenina: A master’s masterpiece

One hundred years ago this month Leo Tolstoy died in a western Russian train station at age 82. The author of masterpieces War and Piece, Anna Karenina and The Death of Ivan Ilyich, among many other fine works, Tolstoy was also an essayist, dramatist, and educational reformer.

Born into nobility, he became a Christian anarchist and pacifist, and his view on nonviolent resistance are said to have had a profound impact on such influential figures as Mahatma Gandhi and Martin Luther King, Jr.

In recognition of the 100th anniversary of his death, this blog will episodically reprint brief excerpts from his works over the next few weeks.

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