On the recordMay 15, 2012
In this 'sweetheart deal' is what comes to mind--and my colleague uses the same term--Rialto was allowed to pay 8 cents, and it is worth repeating, 8 cents on the dollar for $3 billion worth of assets.
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congress.govJaime Herrera Beutler: “In this 'sweetheart deal' is what comes to mind--and my colleague uses the same term--Rialto was allowed to pay 8 cents…”
Editor's note · Context
Critiques the favorable deal given to Rialto Capital by the FDIC.
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