FDIC Loss-Share Guarantees Balloon To $177 Billion Putting Taxpayers At Risk

FDIC’s Increased Use Of Loss-Share Program Enriches Some At Taxpayers Expense The FDIC’s use of loss-sharing agreements has grown into a huge multi-billion dollar program that almost guarantees profits for the purchasers of failed banks.   Originally introduced in 1991, loss-share agreements have now become a standard tool of the FDIC for moving failed bank assets […]