FDIC-FBOP-GEITHNER-GOOF-etc.
Jim Bowman
19 November 2009
No Comment
[This article was syndicated via RSS from Blithe Spirit, the Blog. The views represented do not necessarily represent those of the Chicago Daily Observer.]
Remember the odd thing about Park National Bank’s demise? How on the fateful day, it got money from Treasury for poor neighborhoods? Well, FDIC, which supervised the demise, blames T-Sec Geithner for the gaffe-goof, as reported by The Street-dot-com on 11/1, two days after the seizure:
The Treasury Department, not the Federal Deposit Insurance Corp., should [...]
Leave your response!