Federal Deposit Insurance Corporation

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SilverLeaf Looking For More Distressed Assets 

Jun 02, 2009By

SilverLeaf Financial, like some other institutions, is looking to capitalize on the growing volume of distressed assets. The firm said recently it’s seeking to raise more money in order to take on $100m in Federal Deposit Insurance Corp. (FDIC) funds, in addition to the $40m it already holds. “Our goal is to align ourselves with the right investment funds, because we’re very focused on purchasing more assets from the FDIC,” said Shane Baldwin, CEO of SilverLeaf.

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