Prosecutors say they have decided to retry...
Prosecutors say they have decided to retry two former bank executives whose first trial on federal fraud charges related to the near-collapse of Continental Illinois National Bank & Trust Co. resulted in a hung jury. John Lytle, a former vice president of the Chicago bank, and William Patterson, former head of energy lending at Penn Square Bank of Oklahoma, will be retried on 11 counts of bank fraud, said Assistant U.S. Atty. Joseph Duffy. Penn Square collapsed in July, 1982, under the weight of energy loans it could not collect.
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