FDIC may seize 'critically undercapitalized' Chicago-based lender
By Becky Yerak | Tribune reporter
August 2, 2009
On Wednesday the FDIC said it was open to the idea of selling failed banks in pieces.
Chicago small business lawyer doesn't rule out someone who might surface, tempted to bid on Corus with a generous helping of FDIC assistance.
"But it's entirely possible no one will bid on Corus and the FDIC will have to run it under a conservatorship, which would be terrible."
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