the fdic did not say east bridgewater savings needed to make "more risky loans", the fdic said it needs to make more loans. there is a huge difference, the fdic isn't telling it how to underwrite but what it needs to do according to its charter.
the investors in the bank should be unhappy, with about $30 Million invested the bank made a profit of $87,000. the investors in the bank would have done better just putting their money in a cd, even when cd's only are paying what? 1.5%?
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