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Thursday, 07/24/2014 8:20:59 PM

Thursday, July 24, 2014 8:20:59 PM

Post# of 734503
Anatomy of a Bank Failure.

Almost everything you want to know about how it works.

http://www.klgates.com/files/Publication/75c34466-1733-4cee-ac60-70a3faf13402/Presentation/PublicationAttachment/38ad8050-02a6-4bde-acda-752a232c299d/Banking_Law_Journal.pdf

Termination of Receivership:

Once FDIC has paid all eligible claims and disposed of all receivership assets, it proceeds to terminate the receivership.

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Keep in mind the FDIC-R (receivership) may not end when the Purchase and Assumption Agreement “Whole Bank” closes.

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