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Financial services / Banking in the United States / Too big to fail / Savings and loan association / Penn Square Bank / Continental Illinois / Bank failure / Bridge bank / Sheila Bair / Bank regulation in the United States / Federal Deposit Insurance Corporation / Finance
Date: 2010-06-10 14:47:41
Financial services
Banking in the United States
Too big to fail
Savings and loan association
Penn Square Bank
Continental Illinois
Bank failure
Bridge bank
Sheila Bair
Bank regulation in the United States
Federal Deposit Insurance Corporation
Finance

CHAPTER 5 – OPEN BANK ASSISTANCE TRANSACTIONS The third basic resolution method for failing financial institutions is an open bank assistance (OBA) transaction.1 In an OBA, the Federal Deposit Insurance Corporation (FD

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