January 4, 2011 - blog.bankdirector.com
What keeps directors up at night?
Bank Director Blog
Scott Porterfield and John Geiringer, of Barack Ferrazzano's Financial Institutions Group, contribute a guest post to Bank Director Blog. Their Q&A-style post covers these topics:
- What are the steps taken by the FDIC after the closure of a bank?
- What are the legal standards by which the FDIC may sue directors?
- Will the FDIC differentiate between inside and outside directors?
- Will D&O insurance cover any liability to the FDIC?
- What can directors do to mitigate their risk in the event that their bank fails?
What else keeps directors up at night? Read more...
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