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Nine U.S. banks seized in largest one-day haul

Discussion in 'Financial Cents' started by SLugomist, Oct 31, 2009.


  1. SLugomist

    SLugomist Monkey++

    <CITE class=vcard>By Sam Mircovich and Edwin Chan Sam Mircovich And Edwin Chan </CITE>– <ABBR class=timedate title=2009-10-30T21:11:46-0700>Sat Oct 31, 12:11 am ET</ABBR>
    <!-- end .byline -->LOS ANGELES (Reuters) – U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation's banking industry are being crippled by bad loans.

    http://news.yahoo.com/s/nm/20091031/ts_nm/us_usbancorp


    HALLEJUELLAH the recovery is here!!!!
     
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