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.

Bank planned in Jacksonville to buy distressed banks

Posted by admin on Apr 9th, 2010 and filed under Headlines, National News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

A group of heavyweights in national banking circles could form a bank in Jacksonville by using more than $500 million in capital to buy up failed banks. The group seeking to form a national bank charter in Jacksonville already has about $528 million in cash, and includes former top executives from Bank of America Corp., [...]