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This blog attempts to educate people about how our economy works and to provide updates on what is going on in the economy that may affect them (See personal story at the bottom of the page). Neither this blog nor I are investment advisors, any opinions posted on this site are my own. Please seek a professional investment advisor to fit your personal investment goals.
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Sunday, April 17, 2011
Weekly Unofficial Problem Bank List
CalculatedRisk released its weekly "Unofficial Problem Bank List" this week with 978 institutions on the list. This week the FDIC lost 6 more banks which helped reduce the list. In all there were 13 removals from the list (including he FDIC 6) and 9 additions to the list. This is a lot of activity for one week. The 978 institutions hold assets valued at $429.4 billion dollars. The following states experienced the following change:
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