Saturday, September 26, 2009

FDIC Friday Night Feast - Only One Bank Closes This Week, But It Will Cost Nearly $900 Million

There was only one bank closing this week, but it was a big one! I'll give the short form version of this Friday Night Feast. You can read the press release by clicking here. The bank in question is the Georgian Bank in Atlanta and it will cost $892 million against the FDIC insurance fund.

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