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Posts from 'Rob K. Blake - The Insider' tagged with: 'fdic'

Feds Create New Way To Handle Failed Banks

Posted: Saturday, May 02 2009 at 12:03AM

I just finished a post about the new way the FDIC created to handled failed banks and lending institutions.  As of today with the failure of Silverton Bank, the FDIC opted to take receivership via a newly created "bridge bank".

Read all about here... 

Silverton Bank Fails - FDIC Uses Bridge Bank As Vehicle

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