FDIC shuts down six more banks

FDIC shuts down six more banks

There are 2 comments on the Inland Valley Daily Bulletin story from Jul 17, 2010, titled FDIC shuts down six more banks. In it, Inland Valley Daily Bulletin reports that:

Regulators on Friday shut down three banks in Florida, two in South Carolina and one in Michigan, bringing to 96 the number of U.S. banks to succumb this year to the recession and mounting loan defaults.

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right foot

United States

#1 Jul 18, 2010
FDIC is over charging the banks when they could have just bought the bad paper. The Government will bankrupt the banking system just because they do not understand how it works.
FDIC is Incompetent

Los Angeles, CA

#2 Jul 18, 2010
The FDIC is the root of the economy problems at this point. They approached the bank issues completely wrong, and we all are going to pay for it. Incompetent crooks.

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