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30 Mar 2023
18m

A Great Recession bank takeover

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Planet Money

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This podcast explores the intricacies of a bank takeover, drawing on the case study of the FDIC's acquisition of the Bank of Clark County in 2009. It delves into the meticulous planning, secrecy, and coordination involved, highlighting the efforts made to protect depositors' funds and minimize disruption. Furthermore, it narrates the downfall of Bank of Clark County, examining the factors contributing to its failure and the devastating impact it had on employees and customers.
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