Tags: BAIR | FDIC | BANKS | BANKING

Bair: FDIC Getting Creative in Selling Failed Banks

Monday, 29 Mar 2010 11:00 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The Federal Deposit Insurance Corp. is experimenting with different structures for its sales of failed banks, as the economy recovers and commercial real estate is increasingly a driver of collapses, the head of the agency said Monday.

FDIC Chairman Sheila Bair said the agency is exploring securitizing failed bank assets and other techniques to drum up interest in troubled banks and to ensure the FDIC gets the maximum return.

"We want to get a little more innovative," Bair said at a Women in Finance Symposium at the Treasury Department.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Rand Paul: 'I Am Not Opposed to Birth Control'

Wednesday, 01 Oct 2014 11:30 AM

Sen. Rand Paul, R-Ky., widely believed to be seeking the Republican nomination for president in 2016, cautiously tiptoed . . .

Politico: GOP Targets Winning Most House Seats Since Truman

Wednesday, 01 Oct 2014 11:07 AM

The Republican Party has set its sights on winning its biggest House majority since Harry Truman was elected for his sec . . .

Fundraising Figures, Ad Spending Lend Insight Into Senate Races

Wednesday, 01 Oct 2014 09:48 AM

While polls can provide a snapshot of where a race stands in the public's eye, quarterly fundraising figures also give i . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved