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Anatomy of a Bank Failure: What Happens when the FDIC Pulls the Plug?

Anatomy of a Bank Failure: What Happens when the FDIC Pulls the Plug?

A Behind-the-Scenes Look at How Regulators Mobilize to Protect the Assets of Troubled Banks

Monday, August 17, 2009

What happens when a bank fails?

Here is an inside look at the Federal Deposit Insurance Corporation (FDIC) - the nation's largest bank regulatory agency - and how it mobilizes and takes action when a bank fails, such as Colonial Bank of Montgomery, Alabama, did this past weekend.

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