Two More Banks Bite The Dust

by Dual Income No Kids on November 22, 2008 · 0 comments

Its Friday so the banks must be failing. This time its two regional banks. Downey Savings and Loan and PFF Bank and Trust. The FDIC has seized their assets and will retain control of 213 branches shared between the two banks. Click here for the news from the FDIC.

One hopes these will be the last two to fail, but it doesn’t seem likely given economic conditions.

UPDATE 11/22: looks like its three banks, not two.

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