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A Georgia bank with a branch in Tampa was taken over by regulators Friday, marking the 21st failure this year of a federally insured bank. ...more
March 27, 2009
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. ...more
August 28, 2008
As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail during the next year. ...more
July 14, 2008
Hurricane season has begun. But this time the storm threatens to be bigger even than that which struck New Orleans. Not a physical storm but a storm of houses facing foreclosure, families uprooted, whole neighborhoods blighted by unseen forces. No, we do not have people stranded on the roof. ...more
June 11, 2008
It's hard to know how scared to be if you don't know the size of the threat. No, not terrorism, housing. ...more
September 4, 2007
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