Palos Bank and Trust Company Palos Heights IL 17599
The FDIC and First Midwest Bank entered into a loss-share transaction on $343.8 million of Palos Bank and Trust Company's assets. First Midwest Bank will share in the losses on the asset pools covered under the loss-share agreement. The loss-share transaction is projected to maximize returns on the assets covered by keeping them in the private sector. The transaction also is expected to minimize disruptions for loan customers. For more information on loss share, please visit: You must be logged in to see this link.
I've said this in the past...million become billions and billions become trillions and no one seems to notice in the media!
FDIC Friday!! 8-13-2010
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Posted - 08/14/2010 : 07:26:06
