A Love Affair with the FDIC Press Release is a love affair between FDIC and Bloomberg News. The FDIC released a press release regarding JPMorgan Chase and Washington Mutual on September 25, 2008. A sub-headline read “FDIC Facilitates Transaction that Protects All Depositors and Comes at No Cost to the Deposit Insurance Fund” This week, FDIC issued a release about a bank closing or acquisition, every Friday on (August 22) from August 22, there has been news of a bank closings.”]
Source: https://www.cuinfosecurity.com/blogs/love-affair-fdic-press-release-p-81