Replies to post #833 on Tennessee Commerce Bancorp, Inc (fka TNCC)

[goarmy123]

They allready had sufficient capital. The FDIC

http://www.bankresearch.org/economicpolicyblog/2006/06/william_seidman.html

made them set aside 88.3 million dollars. Kinda strong arming them into no capital IMO! Check out the link above!

[goarmy123]

Here is a little bit of humor,,, or truth?

I guess if you steal 900 million and give the FDIC 64 million your ok! LOL!

http://www.seattlepi.com/business/article/FDIC-reaches-64M-settlement-with-ex-WaMu-execs-2400156.php