This is an article in today’s Washington Post:
FDIC Plans for Rise In Bank Failures
Agency Wants to Add 140 Workers
By Alan Zibel
Wednesday, March 26, 2008; Page D03
Anticipating a surge in troubled financial institutions, federal regulators aim to increase by 60 percent the number of workers who handle bank failures.
The Federal Deposit Insurance Corp. wants to add 140 workers in the division that handles bank failures, bringing the total to 360, said John Bovenzi, the agency’s chief operating officer.
I must have neglected to click a box when I registered at the Post’s website, because I often get promotional emails from washingtonpost.com. Normally I just delete them without reading them, but today’s ad caught my attention:
Startabank.com? Thanks for the great suggestion, washingtonpost.com!