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| Economy |
| FDIC spends $5 BILLION to rescue 3 Puerto Rican Banks |
| 2010-04-30 |
| The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $743.9 million. ... Eurobank is the 58th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $1.23 billion.... R-G Premier Bank of Puerto Rico is the 59th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.31 billion. ... Westernbank Puerto Rico is the 60th FDIC-insured institution to fail in the nation this year. Hard to believe there's 5 billion dollars of deposits in Puerto Rico |
| Posted by:Nimble Spemble |
| #3 Will the FDIC (and US taxpayers) be bailing out Bundesbank next, or was that already taken care of through some previous slippery gov't transaction? |
| Posted by: Besoeker 2010-04-30 21:27 |
| #2 votes purchased |
| Posted by: Frank G 2010-04-30 21:22 |
| #1 What.... the.... fuck? |
| Posted by: DarthVader 2010-04-30 21:22 |