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Trading > Calculated Risk

Politicians Pressuring Regulators on Banks

Calculated Risk... | Wed, 11/04/2009 - 11:06pm |  Add a comment

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Repeating the errors from the S&L crisis ... Last Friday, the Chicago Tribune reported: Regulators seize FBOP banks The Park National shutdown occurred after several Illinois congressmen, including Reps. Bobby Rush and Danny Davis and Sen. Roland Burris, called the FDIC asking it to delay c
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