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Today, the Federal Deposit Insurance Corporation (FDIC) announced the close of a Rule 144A sale of $1.8 billion principal amount of notes backed by 103 non-agency residential mortgage-backed securities (RMBS) from seven failed bank receiverships
Yesterday afternoon, the House Judiciary Committee held Part II of its series of hearings entitled "Too Big to Fail the Role for Bankruptcy and Antitrust Law in Financial Regulation Reform."
On Friday, the Washington Department of Financial Institutions closed Washington First International Bank, headquartered in Seattle, Washington, and appointed the FDIC as receiver
