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FDIC Wants FBOP's 'Unclean Hands' Defense Struck

By Igor Kossov (September 16, 2014, 3:59 PM EDT) -- FBOP Corp. can't invoke the "unclean hands" doctrine to claim that the Federal Deposit Insurance Corp. acted in bad faith by becoming a receiver for its funds because the agency didn't assume that role under its own authority, the FDIC told an Illinois federal court on Monday....

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