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FDIC Lists 171 ‘Troubled’ Banks

FDIC Lists 171 ‘Troubled’ Banks, insured banks and thrifts earned $1.7 billion in the third quarter, a 94 percent drop from what they earned at the same time last year. Unemployment rate is 6.5 percent, a 14-year high, and is expected to climb before year’s end. Conference Board’s Consumer Confidence Index rises unexpectedly to 44.9 in November. Former chairman of the Federal Reserve, Paul Volcker, named by President-elect Obama to head economic recovery board.”]

Source: https://www.bankinfosecurity.com/fdic-lists-171-troubled-banks-a-1077

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