bad bank

Legacy Assets Proved Historic Shock to the System

By Jim Rubenstein | December 22, 2010

It was a shock and it was unprecedented. The NCUA hammer brought down on the legacy assets held by the corporate system during 2010 caused it to reel as never before.
Legacy Assets Go to 'Bad Banks'

By Heather Anderson | October 6, 2010

After months of speculation, the NCUA revealed on Sept. 24 a "good bank, bad bank" plan to deal with corporate legacy assets.
Credit Unions Own Legacy Assets Upside and Downside

By Heather Anderson | September 24, 2010

New securities issued from legacy assets will be guaranteed by NCUA, said Deputy Executive Director Larry Fazio.
NCUA Will Utilize FDIC's Good Bank, Bad Bank Structure

By Heather Anderson | September 24, 2010

NCUA's legacy assets plan will create a "good bank, bad bank" structure similar to a strategy previously utilized by FDIC.
Top 10 Stories of 2010 Countdown

March 26, 2010

Find out how our readers ranked the top 10 stories of 2010.

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