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.

FDIC Draws Brisk Bidding on Loans by Failed Banks

Posted by admin on Jan 4th, 2010 and filed under Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Investors are jostling for the chance to buy a $1.1 billion package of commercial real-estate loans extended by failed banks, as these once-toxic assets attract growing interest. More than a dozen investors, including Texas banker Andrew Beal, have submitted bids to the Federal Deposit Insurance Corp. for the portfolio of loans held by Franklin Bank, [...]