[Federal Register Volume 70, Number 5 (Friday, January 7, 2005)]
[Notices]
[Pages 1443-1444]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-31]


=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION


Determination of Insufficient Assets To Satisfy All Claims of 
Financial Institution in Receivership

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Federal Deposit Insurance Corporation (FDIC) has 
determined that the proceeds that can be realized from the liquidation 
of assets of the receivership listed in SUPPLEMENTARY INFORMATION are 
insufficient to wholly satisfy the priority claims of depositors 
against the receivership estate. Therefore, upon satisfaction of 
secured claims, depositor claims, and claims which have priority over 
depositors under applicable law, no amount will remain or will be 
recovered sufficient to allow a dividend,

[[Page 1444]]

distribution, or payment to any creditor of lesser priority, including 
but not limited to claims of general creditors. Any such claims are 
hereby determined to be worthless.

FOR FURTHER INFORMATION CONTACT: Thomas Bolt, Counsel, Legal Division, 
FDIC, 550 17th Street, NW., Room H-11052, Washington, DC 20429. 
Telephone: (202) 736-0168.

SUPPLEMENTARY INFORMATION: Financial Institution in Receivership 
Determined To Have Insufficient Assets to Satisfy All Claims, FIN 4662, 
Pulaski Savings Bank, Philadelphia, Pennsylvania.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E5-31 Filed 1-6-05; 8:45 am]
BILLING CODE 6714-01-P