Interest Rate Roundup

Friday, March 27, 2009

Did someone press the button early?

I just got an email release from the Office of the Comptroller of the Currency appointing the FDIC as receiver for Omni National Bank of Atlanta, Georgia. The bank had $980 million in assets as of late 2008, with branches in Georgia, Illinois, Florida, and Texas, as well as loan production offices in Alabama and Pennsylvania. Aren't these things supposed to come out AFTER 4 p.m.? Maybe someone pressed the button early.

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