Oct. 25, 2014   66°F   School Closings
Listen Live WCPN / WCLV
ideastream
Mission 4
Values 1
Values 2
Values 3
Vision 3
Vision 4
Vision 5
Values 4
Values 5
Values 6
Vision 1
Vision 2

Choose a station:

90.3 WCPN
WCLV 104.9
WVIZ/PBS

Choose a station:

90.3 WCPN
WCLV 104.9
WVIZ/PBS
Pledge your support to 90.3 WCPN ideastream now!

Upside/Downside: FDIC Tries to Get Back Millions from Former AmTrust Parent

Friday, April 30, 2010 at 4:00 AM

Share on Facebook Share Share on Twitter Tweet

Last year was a bad year for banks. Consider this, before the economic collapse, maybe 20 banks would fail in a given year. Last year, regulators shut down 140. One of the biggest to fail was Cleveland’s AmTrust bank. It cost the Federal Deposit Insurance Corporation more than $2 billion. Now, the FDIC is trying to find some new ways to get some of that money back and ideastream®’s Dan Bobkoff is here to tell us about it.

Tags

Economy, Regional Economy/Business - News, Other, Courts/Crime - Fire/Law Enforcement

Leave a Comment

Please follow our community discussion rules when composing your comments.