ESM Government Securities
| Founded | 1975 |
|---|---|
| Founder |
|
| Defunct | March 4, 1985 |
| Fate | Shut down by Securities and Exchange Commission Multiple employees imprisoned |
| Headquarters | Fort Lauderdale, Florida, U.S. |
| Services | Government securities dealing |
ESM Government Securities, Inc. was a Fort Lauderdale, Florida-based government securities dealer, specializing in repurchase agreements and reverse repurchase agreements. The failure of the company in March 1985 precipitated the collapse of Home State Savings Bank, deposit runs on dozens of other banks in Ohio, and the downfall of the private Ohio Deposit Guarantee Fund.