7 more banks fail; year’s total at 140
Posted: December 20, 2009 at 3:49 a.m.
Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults.
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Front Section, Pages 5 on 12/20/2009
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