Regulators shut banks in NC, SC, Ga, Colo - Yahoo! Finance: "Regulators on Friday closed banks in North Carolina, South Carolina, Georgia and Colorado, bringing to seven the number of closures in 2011 following last year's toll of 157 bank failures amid the limping economy and mounting bad loans.
The Federal Deposit Insurance Corp. took over the banks, the largest by far being United Western Bank, based in Denver, with $2.05 billion in assets."
Saturday, January 22, 2011
Why regulations are needed
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