Banking
Feb. 17, 2011
FDIC to Shut Down West Coast Office
The move raises questions among some attorneys as to whether the closure will affect the speed of the FDIC's ongoing offensive against former officials with failed financial institutions.
Daily Journal Staff Writer
The Federal Deposit Insurance Corp. will shutter its Irvine office early next year, a move the agency says reflects the improving health of the West Coast's banking industry.
The closure raises questions among some attorneys as to whether it will affect the speed of the FDIC's ongoing offensive against former officials of failed financial institutions, even as the regulator continues to shut do...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In