FDIC Targets Failed Bank Execs With Legal Action

FDIC Targets Failed Bank Execs With Legal Action

WASHINGTON, D.C. — (AP) Federal regulators have authorized legal action against more than 50 executives and directors of collapsed U.S. banks as they seek to recover about $1 billion in losses. A spokesman for the Federal Deposit Insurance Corp. says. . . . Full version available to lexis.com subscribers.