TITLE

The Resolution of NextBank: Did FDIC Make Costly Blunder?

AUTHOR(S)
BLACKWELL, ROB
PUB. DATE
December 2002
SOURCE
American Banker;12/26/2002, Vol. 167 Issue 246, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Analyzes the management of Federal Deposit Insurance Corp. (FDIC) in resolving the business failure of NextBank Inc. Possibility of a scrutiny over the steps of FDIC in resolving business failures of banks; Decision of FDIC that has caused the possibility of a scrutiny over the agency's resolution; Strategies that could have been adopted by FDIC to resolve the business failure of NextBank Inc.
ACCESSION #
8768402

 

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