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.
Hamilton Bank, National Association, Miami, Florida, with total deposits of approximately $1.2 billion and total assets of $1.3 billion, was assumed by Israel Discount Bank of New York, New York, New York. (PR-3-2002)
Bank of Sierra Blanca, Sierra Blanca, Texas, with total deposits of approximately $9.8 million and total assets of about $10.8 million, was assumed by The Security State Bank of Pecos, Pecos, Texas. (PR-5-2002).
Universal Federal Savings Bank, Chicago, Illinois, with approximately $52 million in assets and $40 million in deposits, was assumed by Chicago Community Bank, Chicago, Illinois. (PR-81-2002)
