Li Pei Wu, chairman and chief executive of General Bank, Los Angeles, enjoyed 10 years of satisfactory ratings on his CRA exams until the day the ax fell.

On that day, in the fall of 1991, a Federal Deposit Insurance Corp. examiner found a host of alleged wrongs, from the bank's all-Chinese advertising to its "prequalifying" interview of customers, aimed at maintaining the racial purity of its customer base.

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