The Federal Deposit Insurance Corp. missed several chances to clamp down on a high-flying Colorado bank before it failed in July, the agency's inspector general has concluded.

Examiners had recommended a slew of enforcement actions against BestBank of Boulder starting in 1992, but many were abandoned, an internal FDIC report said. The proposed actions included a cease-and-desist order, two civil money penalties, four memoranda of understanding, and the forced removal of BestBank owner and chairman Edward P. Mattar 3d.

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