The FDIC is Making Secret Deals on Rent-Controlled Buildings
The FDIC or Federal Deposit Insurance Corporation is an independent agency created by Congress to maintain stability and public confidence in the nation’s financial system. So if that’s their job, then just what in the hell is The FDIC doing managing a controlling interest in thousands of dilapidated rent-controlled apartment buildings all over New York City?
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Chapters:
0:00 Intro
1:07 NYCB In Trouble
2:16 The Signature Connection
3:11 The Auction and Questionable Lenders
4:30 The UnQuestionable
6:46 Brookfield Cries Foul
8:01 The FDIC's Mandate
9:42 Why CPC?
10:52 CPC's Questionable Executive Salaries
12:05 CPC's Questionable History
15:14 Long Story Short
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