EDISON. N.J. - When Garry J. Scheuring wanted to show appreciation to his top credit officer for swiftly disposing of problem realty assets, the normally low-key executive decided to have some fun.

Rather than throw a stodgy dinner, Mr. Scheuring, chairman and chief executive of Midlantic Corp., presented the credit officer with a Tonka toy dump truck, in honor of his aggressive disposition of bad assets.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.