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.

NetBank

Posted by admin on Sep 28th, 2007 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

NetBank, Alpharetta, Georgia, with approximately $2.5 billion in assets and $2.3 billion in total deposits was closed.  ING Bank, fsb (ING DIRECT) has agreed to assume $1.5 billion of the failed bank’s insured non-brokered deposits. (PR-81-2007)

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