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.

FBOP

Posted by admin on Oct 30th, 2009 and filed under On The Front Lines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Time finally ran out on FBOP. The FDIC on Friday seized the $18.2 billion banking company, whose nine subsidiary banks will be absorbed by U.S. Bancorp (USB). The nine shuttered banks are Bank USA of Phoenix; California National Bank of Los Angeles; San Diego National Bank of San Diego; Pacific National Bank of San Francisco; [...]

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