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Reuters: Silver State is 11th failed bank this year

Started by NaDiNe, September 06, 2008, 10:07:16 AM

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NaDiNe

Silver State is 11th failed bank this year
      


WASHINGTON (Reuters) - Silver State Bank, which recently included Republican presidential candidate John McCain's son on its board, was closed by regulators on Friday, becoming the 11th bank to fail this year, as the struggling economy and falling home prices take their toll on financial institutions.
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