Wednesday, April 01, 2009

NPR: Anatomy Of A Bank Takeover

by Bill McBride on 4/01/2009 10:59:00 PM

From NPR (with Chicago Public Radio: This American Life), here is a story about the FDIC takeover of Bank of Clark County: Anatomy Of A Bank Takeover (ht Ted)

Here is the audio from NPR.

Here is the FDIC announcement from January: Umpqua Bank Acquires the Insured Deposits of Bank of Clark County, Vancouver, WA

Free Ice CreamAt least they get free ice cream!

Click on photo for larger image in new window.

Photo Credit: Otishertz, January 2009