Alvarez Comments on F.D.I.C.’s Takeover Rules

Alvarez & Marsal, the restructuring and advisory shop currently untangling the remains of Lehman Brothers, has weighed in on the Federal Deposit Insurance Corporation’s proposed rules for private equity takeovers of failing banks.

Not surprisingly, Alvarez believes the current proposals will cause private equity firms to back away from making bank acquisitions — stymieing a much-needed source of capital and threatening any possible recovery of the banking system...

Dealbook: Alvarez Comments on F.D.I.C.’s Takeover Rules