Guaranty Warns Failure 'Probable' [bank failure looming] [bank has $15 billion in assets]

The Wall Street Journal ^ | 2009-07-25 | Kerry Grace Benn & Kevin Kingsbury

[FromLori]

Thanks gingeroni I bookmarked them,.

[peyton randolph]

Alot of the Guaranty branches in Dallas area are small setups inside of grocery stores. My hunch is that any bank that acquires Guaranty will shut these down as part of consolidation. There’s going to be more job losses rather than hope and audacity...and probably a little change left in the FDIC’s reserves after bailing this one out.