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The Fed orders a halt to dividend payments at United Security Bancshares (UBFO) and demands a...

The Fed orders a halt to dividend payments at United Security Bancshares (UBFO) and demands a new capital adequacy plan within 60 days. A similar order to San Joaquin Bank in October presaged that bank's failure a week later.
Comments (1)
  • DagnyTaggart
    , contributor
    Comments (486) | Send Message
     
    RUN!!! RUN!!! RUN!!!

     

    ...to deposit money. Failing banks offer great rates and the healthy banks bear the risk via FDIC insurance rates.
    25 Mar 2010, 11:55 AM Reply Like
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