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Archive Home > 2009 > February > 14 > FDIC’s test: Liquidating bank assets

FDIC’s test: Liquidating bank assets

By Eric Lipton / The Bulletin
February 14, 2009

WASHINGTON — When regulators took over the First National Bank of Nevada last year, they faced a showdown with the Terrible Herbst, the mustachioed cowboy who boasts of being the “best bad man in the West.”

This was no real gunslinger, but the name and logo of a....

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