Published on Zero Hedge (http://www.zerohedge.com)

Home > FDIC Sells Failed Banks' Toxic Crap Back To Soon-To-Be-Failed Banks At 50% Haircut With Explicit Taxpayer Guarantee

FDIC Sells Failed Banks' Toxic Crap Back To Soon-To-Be-Failed Banks At 50% Haircut With Explicit Taxpayer Guarantee

By Tyler Durden
Created 03/12/2010 - 12:07
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 03/12/2010 12:07 -0500



 
 

- advertisements -

Source URL: http://www.zerohedge.com/article/fdic-sells-failed-banks-toxic-crap-back-soon-be-failed-banks-50-haircut-explicit-taxpayer-gu

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/11131