[DOWNLOAD] "Wells Fargo Bank, N.A. v. Federal Deposit Insurance Corp." by United States Court of Appeals for the District of Columbia Circuit. " eBook PDF Kindle ePub Free
eBook details
- Title: Wells Fargo Bank, N.A. v. Federal Deposit Insurance Corp.
- Author : United States Court of Appeals for the District of Columbia Circuit.
- Release Date : January 18, 2004
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 77 KB
Description
Argued March 29, 2004 Responding to a congressional mandate, the Federal Deposit Insurance Corporation imposed a one-time assessment on certain financial institutions in order to boost the amount of money in the fund that insures savings-and-loan deposits. Several dozen financial institutions now challenge the method the FDIC used to calculate how much money it needed to raise -- a calculation that in turn determined the assessment the FDIC imposed. The district court disagreed with the institutions' assertion that the relevant statute unambiguously precludes the FDIC's method, and therefore dismissed their complaint. For the same reason, we affirm. I.
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