Fed Tells Old Southern to Find a Buyer

January 2010
American Banker;1/15/2010, Vol. 175 Issue F302, p4
Trade Publication
The article reports on the U.S. Federal Reserve's January 2010 decision to order Old Southern Bank of Orlando, Florida to find a buyer or increase its equity by February of 2010. In the order, which was dated January 13, 2009, the reserve indicated that it felt that the bank was critically undercapitalized.


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