a. The FDIC recently subsidized a buyer for a failing bank, which had different effects on FDIC

Question:

a. "The FDIC recently subsidized a buyer for a failing bank, which had different effects on FDIC costs than if the FDIC closed the bank."
b. "Bank of America has pursued the acquisitions of many failed banks, because it sees potential benefits."
c. "By allowing a failing bank time to resolve its financial problems, it imposes an additional tax on taxpayers."
Interpret the above statements made by Wall Street analysts and managers
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...