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FDIC eases rules for private buys of failed banks

By MARCY GORDON
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AP
posted: 167 DAYS 8 HOURS AGO
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WASHINGTON -Squeezed by rising bank failures, regulators made it easier Wednesday for private investors to buy failed institutions.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-08-26 20:52:03
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Squeezed by rising bank failures, regulators made it easier Wednesday for private investors to buy failed institutions.