Comparing the Federal Deposit Insurance Corp. to a "bleary-eyed gambler," House Banking Committee Chairman Henry B. Gonzalez last week said the agency has made a questionable bet that a Brooklyn-based savings bank can rise from the dead.

"Now FDIC's ego and billions of dollars of tax funds are on the table in a desperate long-shot hope that the franchise value of [CrossLand Savings of Brooklyn] can be propped up and insurance funds recovered," said the Texas Democrat.

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