FDIC: Problem Banks Rise to 171 at End of Third Quarter

November 24, 2008

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The number of problem banks and thrifts jumped in the third quarter to 171, from 117 at the end of the prior quarter, marking the highest level since the end of 1995 and adding to expectations that more banks will fail, regulators said on Tuesday.

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read the full Reuters article.

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FDIC: Problem Banks Rise to 171 at End of Third Quarter

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