Trouble hit the $1.5-billion plan to rescue...

Trouble hit the $1.5-billion plan to rescue First City Bancorporation of Texas Inc., but the Federal Deposit Insurance Corp. said the bank will remain stable. The rescue plan--the second-largest government bank bailout--calls for $970 million in federal assistance, a $500-million infusion of capital raised privately by an investor group headed by Chicago banker A. Robert Abboud and the spinning off of $1.79 billion in poorly performing assets. But Abboud told the regulators that not enough note holders have agreed to sell their debt securities at prices ranging from 35 cents to 45 cents on the dollar, an FDIC spokesman said. The agreement requires a 90% response by Tuesday, he said, adding that he doesn’t know what gap remains. But, he stressed, people with accounts at the bank will be protected.