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Article
The Failure of Superior Bank FSB: Regulatory Lessons Learned
Banking Law Journal (2004)
  • Christian A. Johnson
Abstract
Superior Bank, FSB became insolvent when it was required to write off $450 million of assets related to its securitization of subprime mortgage loans. This article explores the securitization process that Superior Bank used and discusses the effect that this process had on the income and capital of Superior Bank.
Publication Date
January, 2004
Citation Information
Christian A. Johnson. "The Failure of Superior Bank FSB: Regulatory Lessons Learned" Banking Law Journal Vol. 121 (2004) p. 47
Available at: http://works.bepress.com/christian_johnson/25/