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Old 04-30-2010, 04:47 PM
 
Location: Great State of Texas
86,068 posts, read 76,631,796 times
Reputation: 27642

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FDIC bailed out 3 banks in Puerto Rico today..so far.

FDIC: Failed Bank List

The news about this is the FDIC was named Receiver for all three.
No other bank stepped in to "take over".
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Old 04-30-2010, 11:30 PM
 
Location: Colorado Springs, CO
2,221 posts, read 4,878,582 times
Reputation: 1702
Seven banks total today, for a one-day $8 Bn (that's 8,000 million dollars) total hit to the FDIC's Deposit Insurance Fund. Just months after the FDIC forced banks to ante up with three years worth of advance deposit insurance payments, the DIF can only take five more Fridays like today before it's all gone and they have to start tapping the taxpayer for the rest of the depositor bailouts.


"This sucker could go down." -G. W. Bush
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Old 05-01-2010, 12:30 AM
 
Location: Out in the Badlands
10,422 posts, read 9,429,764 times
Reputation: 7775
Hey let's make it a state
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