TITLE

FDIC Trying New Ways To Resolve Lame Banks

AUTHOR(S)
Adler, Joe
PUB. DATE
April 2010
SOURCE
American Banker;4/5/2010, Vol. 175 Issue 51, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses how the U.S. Federal Deposit Insurance Corporation (FDIC) is changing how it handles failed banks and their assets. According to the article, the FDIC has formed partnerships with investors to sell assets after a bank failure, accepted limited involvement from private-equity buyers, and increased liquidity by selling bonds that were backed by failed-bank assets. The differences between this approach and the FDIC's previous methods are discussed.
ACCESSION #
48945071

 

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