Mega-firms React to FDIC Rules

Today Simpson Thatcher, the law firm representing Blackstone Group, Carlyle Group and Centerbridge Partners, issued a statement on the firms' reactions to last week's FDIC restrictions. Read it below. FDIC Adopts Final Statement of Policy on Private Investor Purchases of Failed Banks By Lee Meyerson, Gary Rice, Maripat Alpuche, Ellen Reilly Patterson, Simpson Thacher & Bartlett LLP

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