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FDIC Asleep at the Switch?

asleep FDIC Switch
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FDIC Asleep at the Switch?

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Posted on May 11, 2009 FDIC?s inspector general criticized the agency for failing to take timely and effective action in connection with Alpha Bank and Trust, Alpharetta, Georgia. The bank failed on October 24, 2008, 29 months after receiving a charter and federal deposit insurance…

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