Bank Closings

Regulators closed 7 banks on last Thursday, including 6 banks in Illinois controlled by one family and a small bank in Dallas, bringing the total number of U.S. bank failures to 52 so far this year (in 2008 there were 25 bank failures, and just 3 in 2007).

The mainstream media doesn’t report much of this type of information since they haven’t been told to.  I thought you might want to know

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