Private Equity Leaders Forum 2009, "Buying a Failed Bank"
123 is the number of banks FDIC regulators have closed in 2009; subtracting 100, 23 is the number of days left to register for Private Equity Leaders Forum 2009, "Buying a Failed Bank: Opportunities and Pitfalls" (http://www.PrivateEquityLeadersForum.com), December 10th, New York City, forum where private equity executives will be able to ask their most pressing questions on potentially buying a financial institution to our experienced and distinguished lineup of speakers and panelists
The Wall Street Journal pointed out this weekend that 11 out of the 123 failed backs were in Florida. "Observers expect the pace of bank failures to continue and perhaps accelerate in 2010. In a sign that buyers are hesitant to step up and acquire failed banks, the Federal Deposit Insurance Corp. accepted a 1.5% discount from Iberiabank on the deposits of both banks". Negotiations with the FDIC on discount on the bank deposits represent an additional opportunity for private equity funds interested in acquiring regional bank franchises.
Sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com to receive Private Equity Leaders Forum 2009's Sponsorship Package. This forum is produced by GoldenNetworking.com, the premier networking community for businessmen, entrepreneurs, professionals and diplomats, to experience what’s hot, new and next. GoldenNetworking.com has been frequently featured in the press, including a recent article in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections"
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