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Real Estate & Property Law

: Housing Wire

17th Bank Failure Could Cost $104 Million: Why?

By PAUL JACKSON

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The Federal Deposit Insurance Corp. continued its recent “freaky Friday” streak last week, stepping in at Bradenton, Fla-based Freedom Bank, after the Commissioner of the Florida Office of Financial Regulation closed the bank on Friday after market close. All deposits of the failed bank will head over to Grand Rapids, Mich.-based Fifth Third Bank, the [...]

Full post as published by Housing Wire on November 03, 2008 (boomark / email).

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