Straight Talk — Confidence from the FDIC

      While examiners are telling bankers to put the brakes on lending, not all sectors of the regulatory apparatus doubt the banker’s ability to make good loans and manage assets appropriately. The FDIC’s asset management folks clearly have a lot of confidence in bankers.

      Many of the successful bids for failed banks are published on the FDIC web site. If you look through them, you find that in many cases the FDIC actually paid the winning bidder to take over the failed institution. Furthermore, many . . .

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