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  • Bank Failures, 2009 Edition: Three and Counting [View article]
    The reason more banks have not been closed is simply that the FDIC is overwhelmed. There are more than 30 banks with negative capital ratios, not to mentioned hundreds critically undercapitalized. Quick list-
    OneUnited
    Omni National
    Home Federal
    Harbor Bank of Maryland
    Texas National
    Bank Atlantic
    Jan 24 20:23 pm |Rating: 0 -2 |Link to Comment
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