Four more US banks close, total hits 20 for 2010
Reuters – Regulators seized four more U.S. banks on Friday, bringing the total for the year to 20.The Federal Deposit Insurance Corp, in charge of safeguarding bank deposits and resolving failed banks, has predicted that 2010 will be peak year for failures resulting from the recent financial crisis. Read Article
Tags: 2nd Great Depression, banks, financial system, North America



