TITLE

SO YOU THINK YOU WANT TO BUY A BANK?

AUTHOR(S)
Glass, David L.
PUB. DATE
May 2010
SOURCE
Albany Law Review;2010, Vol. 73 Issue 2, p447
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on legal obstacles to investing in a bank or fiscal institution in the U.S. by non-financial investors. According to the U.S. Federal Deposit Insurance Corporation (FDIC), the number of problem banks had increased to 552 in September 2009 with about 346 billion U.S. dollars in value, which sparks concern on whether non-financial investors should invest in a bank. The hindrances on making bank investments are presented including the 1956 Bank Holding Company Act and other fiscal policies imposed by the U.S. government and the FDIC.
ACCESSION #
54020822

 

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