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FDIC Reportedly Files Suit Against Several Large Banks

in Government May 22, 2012 720 Views

The FDIC reportedly filed suit Friday against a number of large bank holding companies, including Bank of America, Citigroup, Deutsche Bank, and JPMorgan Chase. Reuters reported that the FDIC seeks to recoup some $92 million for two banks that failed in 2009. Speaking with _MReport_, FDIC spokesperson David Barr declined to comment on the story.

To read the full story, visit our sister publication at ""theMReport.com"":http://www.themreport.com/articles/fdic-reportedly-files-suit-against-several-large-banks-2012-05-22.

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