BANKING

RTC Won’t Sell to Those Who Caused Thrift Failures: The Resolution Trust Corp. adopted a regulation that prohibits the sale of assets of a government-seized thrift or bank to persons who contributed to the institution’s failure. The regulation prohibits a person from buying assets if he or she participated in transactions causing a substantial loss to the thrift, was removed or barred from the thrift by a federal agency, or misused the thrift’s funds.