As much as Blue Valley Ban Corp. would like to bid on its Troubled Asset Relief Program debt, restrictions might make that difficult.
The Overland Park-based holding company for Bank of Blue Valley borrowed $21.75 million from TARP in 2008. The U.S. Treasury is making that debt part of a coming auction. A competitor is expressing interest in buying the debt to leverage control, interest or ownership in the bank. Blue Valley Chairman Bob Regnier is trying to find a way to acquire it to prevent that.
Banks…
As much as Blue Valley Ban Corp. would like to bid on its Troubled Asset Relief Program debt, restrictions might make that difficult.
The Overland Park-based holding company for Bank of Blue Valley borrowed $21.75 million from TARP in 2008. The U.S. Treasury is making that debt part of a coming auction. A competitor is expressing interest in buying the debt to leverage control, interest or ownership in the bank. Blue Valley Chairman Bob Regnier is trying to find a way to acquire it to prevent that.
Banks…