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Consumer Law

: Caveat Emptor

Two banks fail, 90 on FDIC problem list

By Sam Glover

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If anyone were still in doubt as to whether or not the United States economy is in recession, the FDIC’s problem list now includes 90 banks at risk of failure. This is not a large number, since there are about 8,500 banks in the country, but it is up from 76 last year. Historically, only about [...]

Full post as published by Caveat Emptor on July 28, 2008 (boomark / email).

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