FDIC Ya Later
Business considerations notwithstanding, we think it’s less than psychologically healthful that the FDIC gets the last word every week.
Note: The FDIC announced there were 552 bank on the official Problem Bank list at the end of Q3. The difference is a mostly a matter of timing – some enforcement actions haven’t been announced yet, and others may be pending.
Couldn’t we figure out a way to make these bank failure announcements on Monday morning? We realize every announcement means going in with agents and counting hundreds of millions or billions of dollars and figuring out what the bank’s got and what it hasn’t got.
But every Friday afternoon? Sheila, you hear what we’re sayin?
December 4, 2009 | Filed Under Green Home Building
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