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PacWest Raises Capital, Looks to Acquire Failures.(Market Monitor)(Pacwest Bancorp.)
August 27, 2009... Byline: Robert Barba
Though it already has a fat tangible common equity ratio, PacWest Bancorp in San Diego is piling on even more capital with an eye toward buying failed institutions.
The $4.5 billion-asset company announced late...
WASHINGTON PEOPLE.(Washington)(Federal National Mortgage Association's Franklin D. Raines, Leanne Spencer, J. Timothy Howard)(Federal Reserve Board's Ben Bernanke)(Mark Schmidt is retiring from Federal Deposit Insurance Corp.)
August 31, 2009... Byline: Steven Sloan, Emily Flitter and Rob Blackwell
Fannie Legal Saga
If Fannie Mae wasn't busy enough sifting through the wreckage of its once-proud business while operating under conservatorship, the government-sponsored enterprise...