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Saturday, May 12, 2012

FDIC Announces Plan For How To Handle Failed Banks

Nearly four years on from the collapse of Lehman Brothers, Merrill Lynch and a number of other large financial institutions, the Federal Deposit Insurance Corporation is announcing its plan for what will happen the next time a too-big-to-fail bank goes kaput.

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2 comments:

Anonymous said...

print more money , Dahhhhh

Bullard Construction said...

Same as a small bank; they failed. DUH.