[RT] Two more banks down

[Code 2 <Code2@xxxxxxx>]

FDIC announced two more failed banks this evening -- one in Houston
and the other in Los Angeles.  That's number 18 and 19 of the year.
The cost to FDIC this time will be about $1.7 billion.

FDIC's deposit insurance fund stood at $45.2 billion at the end of
June.  That was down from $52.8 billion at the end of March.  With
IndyMac and the 14 other failures since June, it looks like the fund
now stands at between $33.1 billion and $37.6 billion.

Stay safe everyone.


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