I have noted that the FDIC seems to take a lot to take over a bank. It took 42% non performing loans (versus about 4% and WaMu) for the FDIC to take over Ameribank.
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The FDIC and WaMu
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I have noted that the FDIC seems to take a lot to take over a bank. It took 42% non performing loans (versus about 4% and WaMu) for the FDIC to take over Ameribank.