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2009-01-31 Home Front Economy

FDIC Fails to Find "Acquirer" for Utah Bank

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Posted by badanov 2009-01-31 04:23|| || Front Page|| [3 views ] Top

#1 "This ~~bank~~ government did not have an attractive franchise value, and not many retail deposits or core deposits,"

Coming soon to a Treasury Auction near you. Maybe they'll have to sell off some of their holdings [like 80% of anything west of the Pecos - but you better get a contractually binding release from all those nasty restrictions of use otherwise it's just a title change without change of ownership].

Posted by Procopius2k 2009-01-31 09:14|| 2009-01-31 09:14|| Front Page Top

#2 Something tells me we might be seeing a bit more of this going around in the coming months.

FDIC Failed Bank Info LINK.

Posted by Besoeker 2009-01-31 11:07|| 2009-01-31 11:07|| Front Page Top

#3 Utah needs state script.

Posted by .5MT 2009-01-31 18:57|| www.cybernations.net]">[www.cybernations.net] 2009-01-31 18:57|| Front Page Top

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