According to my notes, Bank of the Cascades' deadline to raise capital under a cease and desist order from the FDIC came and went yesterday. The company said last month that it has failed in its attempt to raise the $150 million required by the feds and the Nasdaq intends to delist the company if it doesn't raise its stock price. The bank hasn't released any information since. Does the company's silence surrounding this deadline mean CACB is resolved to fail? It certainly doesn't inspire any confidence in its prospects for survival.

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