Field of Failed-Bank Suitors Getting Crowded

Davis, Paul; Barba, Robert
March 2010
American Banker;3/1/2010, Vol. 175 Issue 31, p1
Trade Publication
The article looks at the increase in the number of high profile investment groups looking to acquire failing banks. BSE Management LLC, founded by former Federal Deposit Insurance Corp. (FDIC) chairman William Isaac, is creating a fund to buy failed banks. There is concern that with more firms buying failures, the FDIC will gain more power with dictating pricing and terms.


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