October 27, 2008

Ombuds as Spokesperson

Over the weekend, the Federal Deposit Insurance Corp. put Georgia-based Alpha Bank into receivership for purchase by Stearns Bank. With bank and state officials unavailable for comment, the press turned to Linda Beavers, a regional FDIC Ombudsman for an explanation. (Atlanta Journal Constitution.)

Related posts: Mortgage Crisis Draws in Ombuds; Office of Thrift Supervision Ombuds Hiring Scores of Special Assistants.

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