FDIC Adding Muscle to Bank-Failure Division
March 26, 2008 — JLGIs this a sign of what’s to come?
WASHINGTON - Anticipating a surge in troubled financial institutions, federal regulators will increase by 60 percent the number of workers who handle bank failures.
The Federal Deposit Insurance Corp. wants to add 140 workers to bring staff levels to 360 workers in the division that handles bank failures, John Bovenzi, the agency’s chief operating officer, said Tuesday.
