Failed bank takeovers by the FDIC continue to increase at an alarming rate in 2009 (7 this past thursday, 52 so far in 2009) Here's an interview with a bank CEO who bought a failed bank for some insider info into how the process of buying failed banks works (this is the bank he bought). Via calculated risk. Previously
posted by jourman2 on Jul 4, 2009 - 8 comments