17th bank fails this year

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investorzzo's picture
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Joined: Nov 7 2008
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17th bank fails this year



 Where the banks are failing

In all of 2008, 25 banks failed, and in the fourth quarter, the FDIC's list of troubled banks grew to 252,
marking the highest level since 1994. The agency also projected the
cost of failed banks to its fund could double from earlier projections
to more than $80 billion by 2013.

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