NCUA: U.S. Central's CLF Stock Used to Pay Out Share Deposits
Agency says it used $1.845 billion to pay out the failed corporate's largest liability. NCUA foe said it should have been kept separate.
By Heather Anderson | March 07, 2013 at 05:02 AM
(Editor's Note: This version contains updated figures provided by the NCUA, which said earlier figures it provided were incorrect. The affected numbers are contained in the paragraph in italics below.)