socialmedian: Recovery? More Than 100 Bank Failures in 2009, Jobless Number Soars

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Recovery? More Than 100 Bank Failures in 2009, Jobless Number Soars

Source: Pak Alert Press

Oct 30, 2009

Summary

New York – Two more banks were taken over late Friday by US regulators, bring to 101 the number of bank failures so far this year. The latest financial institutions to fall amid the longest recession since the 1930s were regional banks in Florida and Georgia. After the highly publicized failure of Wall Street investment [...]