Relevant:
- Bank Failures and Trust-preferred securities
- (Saving...) Volcker Rule Curbs on Banks Owning CDOs Eased in U.S. - Bloomberg
- Seattle Federal Home Loan Bank goes after Wall Street
- Wall Street banks negotiating deal over finance disaster
- FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That Sank Two Illinois Banks
2009-07-07 — wsj.com
"The six family-controlled Illinois banks that collapsed on Thursday were doomed by massive holdings of trust preferred securities, Wall Street instruments that came into vogue during the industry's boom but are now battering a growing number of small banks."
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