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Four more US banks sink
By BN | 22 Feb 2010
US regulators closed the shutters on four more US banks at the weekend, as more banks continue to buckle across the US
.In total 20 banks have gone under this year and 185 have failed since January 2008, reported The Wall Street Journal.
The Federal Deposit Insurance Corporation estimated the latest four failures cost the deposit insurance fund more than $US 1 billion.
Related Story
More US bank failures - Regulators have closed two more banks in Florida, turning their deposits and branches over to Lberiabank Corp and shutting another small one in California.
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