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FDIC Loan Guarantees Under TLGP Decline Slightly For July 2009

August 20, 2009 By Problem Bank List Staff Leave a Comment

FDIC Debt Guarantees Decline 5.6% The FDIC Temporary Loan Guarantee Program (TLGP) was instituted late last year.  The program’s stated purpose and goals, according to the FDIC, is as follows: The FDIC has created this program to strengthen confidence and encourage liquidity in the banking system by guaranteeing newly issued senior unsecured debt of banks, […]

Filed Under: FDIC, TLGP Tagged With: FDIC debt guarantees decline in July, TLGP program earns FDIC over $9 billion

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