The Federal Deposit Insurance Corporation (FDIC) is conducting a series of outreach workshops to provide information on how to invest in or purchase assets retained from failed financial institutions. The three workshops will be held in Chicago on September 27th, Los Angeles on October 2nd, and New York on October 16th.
The FDIC has failed bank assets available for acquisition by depository institutions, investors and asset purchasers. Some of these assets have been designated for inclusion in the structured sales program. To ensure diverse participation in the structured sales program, the FDIC welcomes and strongly encourages minority- and women-owned investors and asset managers to participate and/or partner in bidding on the equity interests sold to investors under the program.
Read more...FDIC Announces Asset Purchaser/Investor Outreach Workshops via FDIC
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