Relevant:
- FDIC wants AmTrust's former parent company to pay $518 million for bank's failure
- FDIC Holds off Raising Bank Insurance Premiums, Expects Bank Failures to Peak in 2010
- Big banks still hold FDIC captive
- Former Bank Regulator William Black: U.S. Using "Rally Stupid Strategy" to Hide Bank Losses - Will Produce Japanese Style Lost Decade
- Number of Troubled Banks Rises to 552; FDIC Fund Sinks Into the Red
2010-01-21 — yahoo.com
The U.S. agency charged with dismantling or selling off failed banks said it is equipped to deal with what it sees as a busy 2010, according to remarks to be delivered before Congress on Thursday
. The Federal Deposit Insurance Corp expects that bank failures will remain elevated this year, said Mitchell Glassman, director of the FDIC's division of resolutions and receiverships.
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