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Reuters: U.S. regulators seize two more banks, engineer sale

Started by chris, July 26, 2008, 04:41:08 AM

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chris

U.S. regulators seize two more banks, engineer sale
      


WASHINGTON (Reuters) - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch.
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