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jackson227

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jackson227

Re: Qwertyman post# 73188

Thursday, 05/21/2009 9:45:42 PM

Thursday, May 21, 2009 9:45:42 PM

Post# of 729773
The FDIC is claiming that it will cost them $4.9 billion, not that they sold the bank for $4.9 billion.

"Federal regulators seized Florida's Bank United FSB on Thursday, the biggest bank failure this year and one the Federal Deposit Insurance Corp. estimated will cost its weakened insurance fund $4.9 billion."
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