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

Frivolous Charges Taking Toll on 2014 Campaigns

Friday, 19 Sep 2014 09:39 AM

A number of the major campaigns in this year's midterm elections have been dominated by frivolous stories born out of op . . .

US Political Dynasties Still Thriving in 2014

Friday, 19 Sep 2014 06:42 AM

For all the talk of political "outsiders" beating the "establishment," one factor that remains consistent in 2014 is tha . . .

Report: Liberals Bash Hillary, Back Warren in Secret Emails

Thursday, 18 Sep 2014 21:29 PM

Liberal activists are slamming Hillary Clinton in a members-only group on Google, with some calling for Massachusetts Se . . .

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