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, November 21, 2010
Unofficial Problem Bank List Hits 903
This week CalculatedRisks Unofficial Problem Bank List reached 903 institutions. There were four removals (this includes the 3 that were on the FDIC's failed bank list). The banks that failed this week, according to the FDIC failed bank list, were; First Banking Center in Burlington WI, Gulf State Community Bank in Carrabelle FL, Allegiance Bank of North America in Bala Cynwyd PA. The other removal was "the termination of a Supervisory Agreement against The First National Bank of Trenton in Trenton TX by the OCC (per Calculated Risk). There was nine additions this week as well. Click here to see the full story.
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