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FDIC May Have Selfish Motives For Rare D&O Guidance

By Bibeka Shrestha (October 23, 2013, 8:46 PM EDT) -- The Federal Deposit Insurance Corp. recently prodded bank executives to be cautious about policy language that could wipe out directors and officers coverage, an unusual step that appears to be at least partly motivated by the FDIC's pursuit of insurance funds through lawsuits against former management at failed banks....

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