Buyers For Failed Banks Hard To Find As FDIC Loses $1.8 Billion On 7 Bank Closings

7 Banking Institutions Closed On December 18, 2009  –  FDIC Forced To Retain $1.9 Billion In Failed Bank Assets – Depositors Lose $3.2 Million As the number of banking failures increase, the FDIC appears to be encountering increasing difficulty in finding buyers for failed banks,  despite agreeing to cover a large percentage of potential losses […]