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L.A.-based First Regional closed by regulators (14th U.S. bank failure of 2010)
MarketWatch ^
| January 29, 2010
| John Letzing
Posted on 01/29/2010 6:03:57 PM PST by Cheap_Hessian
SAN FRANCISCO (MarketWatch) -- Los Angeles, Calif.-based First Regional Bank was closed by regulators Friday, marking the 14th U.S. bank failure of 2010.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: bank; bankfailure; fdic
To: Cheap_Hessian
2
posted on
01/29/2010 6:11:19 PM PST
by
Just A Nobody
( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
To: Just A Nobody
Yes. I think there were five today.
3
posted on
01/29/2010 6:12:44 PM PST
by
Cheap_Hessian
(I am the Grim FReeper.)
To: AuntB; Willie Green
It’s interesting that these bank failures don’t get much ink anymore.
4
posted on
01/29/2010 6:15:14 PM PST
by
Clintonfatigued
(Liberal sacred cows make great hamburger)
To: Just A Nobody
Actually, now it's 15. Another one just went down.
American Marine Bank Bainbridge Island, Washington
5
posted on
01/29/2010 6:18:20 PM PST
by
Cheap_Hessian
(I am the Grim FReeper.)
To: Cheap_Hessian
WOW! I was too busy following the spectacle of the day, aka the GOP House retreat to notice this. Thanks for posting.
6
posted on
01/29/2010 6:19:23 PM PST
by
Just A Nobody
( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
To: Cheap_Hessian
So far, a total six banks have failed today...
American Marine Bank, Bainbridge Island, WA
First Regional Bank, Los Angeles, CA
Community Bank & Trust, Cornelia, GA
Marshall Bank, Hallock, MN
Florida Community Bank, Immokalee, FL
First National Bank of Georgia, Carrollton, GA
7
posted on
01/29/2010 6:25:24 PM PST
by
Cheap_Hessian
(I am the Grim FReeper.)
To: Cheap_Hessian
Back-door nationalization of the banking industry.
Soon, there will be nothing left but the “too big too fail” monstrosities that are, for all intents and purposes, part of the ruling plutocracy.
8
posted on
01/29/2010 6:32:06 PM PST
by
Zeddicus
To: Zeddicus
Nope not yet. Plenty of community banks around just doin plain vanilla banking staying away from the trend of the day (like sub-prime loans), and doin’ fine.
9
posted on
01/29/2010 6:57:15 PM PST
by
greeneyes
(Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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