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FDIC Sells 3 Failed Banks To Bailed Out Banks With Unpaid TARP Loans

October 23, 2010 By Bill Zielinski 2 Comments

October 22, 2010 – There has been much discussion in the press lately about the increased competition among buyers for failed banks.  The theory is that buyers see a looming economic recovery that will result in huge gains by purchasing failed banks at bargain prices.  This week’s sale of failed banks by the FDIC, however, […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, Financial Crisis, problem banks, TARP Program Tagged With: 3 failed banks purchased by banks owing TARP money

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