WSJ: Raft of Deals for Failed Banks Puts U.S. on Hook for Billions

The biggest spur to deal-making among banks isn’t private-equity cash or foreign investors. It is the federal government. To encourage banks to pick through the wreckage of their collapsed competitors, the Federal Deposit Insurance Corp. has agreed to assume most … Continue reading WSJ: Raft of Deals for Failed Banks Puts U.S. on Hook for Billions