StrategyDriven Editorial Perspective – The Government has Created a Monster
Strategy Driven
NOVEMBER 7, 2013
The latter role was codified in the Federal Deposit Insurance Act of 1950, which provided the FDIC “additional powers to both expedite the liquidation process for banks and thrifts in order to maintain confidence in the nation’s banking system,” the FDIC’s Resolution Handbook explains. Seidman’s concerns were warranted.
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