Saturday, Sep 20, 2008

Only 12??? wow i thought it would 1200 by now..lol bailout must be working..lol

CNN: 12th bank failure of the year announced

Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.

Posted by mark @ 11:41 AM (332 views) Add Comment

2 Comments

1. jonb said...

It's 12 failed banks on the FDIC list, which doesn't include Bear Stearns, Lehman Brothers, Freddie Mac or Fannie Mae.

Saturday, September 20, 2008 11:46AM Report Comment
 

2. plato said...

The 'Free Market' is disappearing with every failure.

Saturday, September 20, 2008 12:36PM Report Comment
 

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