Bank Failures Equal Opportunities for Qualified Buyers…via the FDIC

The Federal Deposit Insurance Corporation (FDIC) is frequently appointed as a receiver for failed banks. As of August 20, 2010, 310 banks have failed and have been taken over by the FDIC since October 1, 2000. (Source: FDIC Failed Bank List) In 2009, the FDIC shut down 140 financial institutions. As of this writing, the… Continue reading Bank Failures Equal Opportunities for Qualified Buyers…via the FDIC