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FDIC Issues Final Statement of Policy on Private Investments in Failed Bank Assets by Frances F. Mi
Paul, Weiss, Rifkind, Wharton & Garrison LLP - New York Office
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September 4, 2009
Previously published on September 3, 2009
At its August 26 Board meeting, the Federal Deposit Insurance Corporation adopted a Statement of Policy on Qualifications for Failed Bank Acquisitions, which provides guidance on the terms and conditions that the FDIC is likely to require of private investors interested in acquiring or investing in failed insured depository institutions.
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