Jeff Plagge (the superintendent of the Iowa Division of Banking (IDOB)), also issued a statement:
However, prior to its failure, Citizens Bank, the FDIC, and IDOB entered into a consent order in August:
So they knew this could be coming back in August.
We have talked about trucking before!
Congressman French Hill on Treasury’s previous $700 million bailout of Yellow: “I think the Treasury is undercollateralized. I’ll leave it at that” Treasury owns 15.94 million shares