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: March, 2002

Net 1st National Bank

Net 1st National Bank

Net 1st National Bank, Boca Raton, Florida, with  total deposits of approximately $27.4 million and total assets of about $34.7 million, was assumed by Bank Leumi USA, of New York, New York.  (PR-26-2002).

New Century Bank

New Century Bank

New Century Bank, Shelby Township, Michigan, with  total deposits of approximately $17.9 million and total assets of about $18.9 million, was approved for payout by the FDIC Board of Directors.  (Press Release).

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