Thursday, August 20, 2009

Private Equity Gets to Sheila Bair

The Federal Deposit Insurance Corporation is expected to soften curbs on private equity investments in failed lenders when it meets next Wednesday to vote on proposed policy changes, according to a report.

WSJ citing people familiar with the matter, said that FDIC officials are expected to back away from some private equity-related rules proposed in July.

1 comment:

  1. Did private equity also get to Scottish Prison officials?

    Or was that the reason Senator John McCain spent last Friday evening at the ranch of Col. Muammar Gadhafi.

    Pan Am 103 relatives aren't happy about the prisoner release: