FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.

Archive for: July, 2001

Superior Bank

Superior Bank

The Federal Deposit Insurance Corporation today transferred the insured deposits and substantially all the assets of Superior Bank, FSB, Hinsdale, Illinois, to Superior Federal, FSB (New Superior), a newly chartered, full-service mutual savings bank. Superior Bank, with total assets of $2.3 billion and total deposits of $1.6 billion, was closed earlier today by the [...]

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