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Old 01-27-2010, 04:41 PM   #2
peaceandlove
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Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: Bank Failure Friday: Nine Banks, One Big Failure 10/31

Deja vu with the Nines, only these 9 are starting off in 2010!!!

SOURCED from G. Edward Griffin's site: http://www.realityzone.com/currentperiod.html

Quote:
US: Nine new bank failures so far in early 2010 –following 140 closures last year – with no letup in sight. My Way 2010 Jan 22 (Cached)
Banks shut in Fla., Mo., NM, Ore., Wash.

Jan 22, 10:19 PM (ET)
By MARCY GORDON

WASHINGTON (AP) - Regulators shut down banks Friday in Florida, Missouri, New Mexico, Oregon and Washington, bringing to nine the number of bank failures so far in 2010, following 140 closures last year in the toughest economic environment since the Great Depression.

The Federal Deposit Insurance Corp. took over the five banks: Charter Bank, based in Santa Fe, N.M., with $1.2 billion in assets and $851.5 million in deposits; Miami-based Premier American Bank, with $350.9 million in assets and $326.3 million in deposits; Bank of Leeton in Leeton, Mo., with $20.1 million in assets and $20.4 million in deposits; Columbia River Bank, based in The Dalles, Ore., with $1.1 billion in assets and $1 billion in deposits; and Seattle-based Evergreen Bank, with $488.5 million in assets and $439.4 million in deposits.

Continues: http://apnews.myway.com/article/20100123/D9DD6LEG0.html
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