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Report: 157 U.S. banks failed in 2010 (AHN)

Posted on December 28, 2010 by

(AHN) – A report released Tuesday by the Federal Deposit Insurance Corporation said 157 U.S. banks closed in 2010 and more are expected to shutter in the coming months. The figure is considered one of the worst since 1992 when a savings-and-loan crisis hit the country.

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