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Problem Bank Guaranty Financial Seen As Next Failed Bank – Maybe

July 24, 2009 By Bill Zielinski 1 Comment

FDIC Should Close Guaranty Financial But Will It? There were numerous news reports today that Guaranty Financial (GFG) will be the next large bank to collapse into the arms of the FDIC.   Guaranty Financial’s management has admitted that they have run out of options and cannot comply with an April cease and desist order from […]

Filed Under: DIF, Failed Banks, FDIC, Guaranty Financial - GFG, problem banks Tagged With: FDIC insurance fund near depletion, FDIC May Keep Guaranty Financial Open

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