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Buying Belly-Up Banks With FDIC Backing

AJ Contributor
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In the banking industry these days, failure can be good news.

Being taken over by the Federal Deposit Insurance Corporation, or FDIC, is never good for a failed bank. It can be excellent news for the bank chosen by the FDIC to acquire its prey.

Full story: Buying Belly-Up Banks With FDIC Backing via BusinessWeek