The WSJ today reports:
"To encourage banks to pick through the wreckage of their collapsed competitors, the FDIC has agreed to assume most of the risk on $80 billion in loans and other assets. The agency expects it will eventually have to cover $14 billion in future losses on deals cut so far. The initiative amounts to a subsidy for dozens of hand-picked banks."
Subscribe to:
Post Comments (Atom)
-
THANK YOU CRAIG! http://truthiscontagious.com/2011/08/23/quake-sensors-removed-around-virginia-nuke-plant-due-to-budget-cuts QUAKE SENSO...
-
hat tip Nukefree.org Dangerous Nuclear Spent Fuel Pool Near Epicenter of East Coast Earthquake August 23, 2011 · By Robert Alvarez http:/...
-
Wall Street Journal 8/10/2011 p. B1 [excerpted] " Luxury shoppers, while a small segment of consumers, wield an outsized impact on the...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.