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Overnight Open Thread

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aboo-Hoo-Hoo3/30/2009 7:37:43 am PDT

re: #863 avanti

It’s done almost daily by the FDIC with troubled banks. They move in without notice with a team, seizing the assets, selling the bank to another bank, or liquidating. They fire and hire at will, and put in new management.

Would you care to list the names of some banks that would verify that claim?