Posts Tagged ‘Fdic Board’

Seven U.S. Banks Are Seized, Raising Year’s Failure Toll to 140

Seven U.S. banks were seized by regulators, bringing this year’s total of failed lenders to 140 as financial companies are tested by the recession and the Federal Deposit Insurance Corp. anticipates more shutdowns.Banks with $14.4 billion in total assets were closed yesterday in six U.S.

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