Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Problem Banks in Puerto Rico

Thursday, April 29, 2010 - 7:13 AM
The Wall Street Journal received news from insiders that:
At least four banks entered bids in a Federal Deposit Insurance Corp. auction that could decide the fate of three troubled lenders in Puerto Rico
Calculated Risk Blog received news from a Puerto Rican source who said 'there are lots of "Dentists" in town for a Dental convention that doesn't appear to exist'. The speculation is that they're FDIC agents.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,600