Comments on: Bank Failure Friday http://blogs.reuters.com/rolfe-winkler/2009/09/25/bank-failure-friday-2/ Option ARMageddon Tue, 14 Oct 2014 13:06:34 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ddavid http://blogs.reuters.com/rolfe-winkler/2009/09/25/bank-failure-friday-2/comment-page-1/#comment-1955 Sun, 27 Sep 2009 18:42:20 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3799#comment-1955 The FDIC takeover is not a bailout — it is just the opposite — it is the “closure” of 2 banks. (has absolutely nothing to do with Tarp)

Another bank may purchase the failed banks, and if not,
then the assets will be sold to another willing buyer. The FDIC will cover up to $250,000 per account (if properly vested) and those funds come from “all” Banks in a form of dues based on bank deposits.

This is the FDIC not the Fed (which is a private corporation).

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By: Amandus Colver http://blogs.reuters.com/rolfe-winkler/2009/09/25/bank-failure-friday-2/comment-page-1/#comment-1930 Sat, 26 Sep 2009 08:40:51 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3799#comment-1930 Guess we’re still stuck in that nasty Bair market.

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By: sangellone http://blogs.reuters.com/rolfe-winkler/2009/09/25/bank-failure-friday-2/comment-page-1/#comment-1920 Fri, 25 Sep 2009 21:20:24 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3799#comment-1920 Looks like we are going to get TARP jr.! We had too big to fail so now we are going to get ‘too small or too minority to fail. Sheesh, will the bailouts never end?

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