Thursday, August 27, 2009

FDIC List of Problem Banks Surges, Putting Reserve Fund at Risk - Bloomberg.com

Something else to worry about? Probably not.FDIC List of Problem Banks Surges, Putting Reserve Fund at Risk - Bloomberg.com: "The U.S. added 111 lenders to its list of “problem banks,” a jump that suggests rising bank failures may force the Federal Deposit Insurance Corp. to deplete a reserve fund that shrank 40 percent this year."Of course the Treasury would bail them out if necessary, but for

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