Attached is an article concering the FDIC's Chairman's comments on bank takeovers. The earlier article indicated Bair wanted to limit the size of banking institutions. Sounds like it's the same concept of limiting a bank's overall percentage of bank deposits. The decision will have to be made to either allow any institution fail, regardless of size, or limit the size and scope of the companies.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aeH.c5sqMplw&refer=home
Monday, April 27, 2009
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