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FDIC To End Bank Loan Guarantee Program

September 9, 2009 By Problem Bank List Staff Leave a Comment

Debt Guarantees To End The FDIC announced its intentions today to let the Temporary Liquidity Guarantee Program(TLGP) expire on its originally planned termination date of October 31, 2009.  The TLGP was implemented in October 2008 to address disruptions in the credit markets that resulted in the inability of financial institutions to obtain new funding or […]

Filed Under: FDIC, TLGP Tagged With: FDIC to end bank loan guarantee program, FDIC winds down TLGP, TLGP - a gift to the banking industry?

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