News Focus
News Focus
icon url

mordicai

01/29/10 1:08 PM

#143956 RE: cashgrinder #143938

The statute required fdic to pay fair liquidated value for the assets. Moreover, the fdic cannot be permitted to collude with others for the take down of a bank. So I vehemently disagree with you that the holding company does not have a case. The fdic statute cannot be construed to permit the fdic to take anyone's assets without just compensation. That would render the statute unconstitutional.