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Sep 17, 2014

Booth Professors Finds Sale of Failed Banks Costs FDIC Big Time

According to new research by Booth School of Business Professors Gregor Matvos and Amit Seru, a significant amount of the $90 billion lost by The Federal Deposit Insurance Company (FDIC) since 2008 occurred because the assets of some banks are sold at fire sale prices. Continue reading…

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