Archive | December 13th, 2010

‘Gross Negligence’ is test for FDIC civil recoveries

December 13, 2010


By Ted Carter At a recent press conference, Federal Deposit Insurance Corporation Chairman Sheila Bair drew a distinction between investigations of bank executives and directors her office is doing and the criminal probes launched by the FDIC’s inspector general. She said her agency has approved about 200 civil actions against bank officers and directors aimed […]

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