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: Banking Law Prof BlogMaking It Tougher for Troubled Banks to Buy Deposits
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FDIC published a new final rule yesterday to further restrict "less than well-capitalized banks" from paying an interest rate that exceeds the national average to acquire deposits. The new rule becomes effective January 1, 2010. It closes a loophole in...Full post as published by Banking Law Prof Blog on May 30, 2009 (boomark / email).
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Class Action Filed Against Banks in Foreclosure Proceedings
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