Daily Graphic: FDIC Bank Seizures This Year at 45 Nearly Double Those Seized in Recession’s First Year

June 29, 2009 by · Leave a Comment
Filed under: Economy 

Five more banks were seized by the Federal Deposit Insurance Corp. over the weekend in Georgia, Minnesota and California.  During the first year of the current recession – 2008 – 25 FDIC insured banks failed.  Little more than halfway through 2009 this year’s total is 45.

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