Town Hall logo Town Hall 4 weeks ago

Latest world news: Banks in Ga., Mich., Minn., Mo., Calif. closed

CHARLOTTE, N.C – Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. Full Article at Town Hall

Related Topics:

  1. FDIC
  2. Federal Deposit Insurance Corp.
  3. United States Department of the Treasury

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  1. Cast member Susan Sarandon (R) and son Jack Robbins arrive for the premiere of the film "The Lovely Bones" in Hollywood, California December 7, 2009.
  2. BEVERLY HILLS, CA - DECEMBER 07: Actress Lauren C. Mayhew arrives at the Help Group Holiday Gala to benefit Children with autism on December 7, 2009 in Beverly Hills, California.
  3. LOS ANGELES, CA - DECEMBER 07: Actress Sally Field attends ACLU of Southern California's Bill of Rights dinner at The Beverly Wilshire Hotel on December 7, 2009 in Los Angeles, California.
  4. LOS ANGELES, CA - DECEMBER 07: Dion Phaneuf #3 of the Calgary Flames checks Justin Williams #14 of the Los Angeles Kings in the second period at Staples Center on December 7, 2009 in Los Angeles, California.
  5. MOJAVE, CA - DECEMBER 7: Burt Rutan (L) and Sir Richard Branson attend as Virgin Galactic unveils its new SpaceShipTwo spacecraft at the Mojave Spaceport on December 7, 2009 near Mojave, California.
  6. HOLLYWOOD - DECEMBER 07: Executive producer Steven Spielberg arrives at the premiere of Paramount Pictures' 'The Lovely Bones' at Grauman's Chinese Theatre on December 7, 2009 in Hollywood, California.
  7. FILE - In this Oct. 14, 2009 file photo, Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair, testifies on Capitol Hill in Washington.
  8. WASHINGTON - OCTOBER 14: Chairman of the Federal Deposit Insurance Corporation (FDIC) Sheila Bair (L) testifies during a hearing before the Financial Institutions Subcommittee of the U.S. Senate Banking, Housing and Urban Affairs Committee on Capitol Hill October 14, 2009 in Washington, DC.
  9. NEW YORK - SEPTEMBER 25: FDIC Chairman Sheila Bair attends a panel on finance at the Clinton Global Initiative (CGI) September 25, 2009 in New York City.

Cast of Characters

  1. FDIC FDIC
  2. Federal Deposit Insurance Corp.
  3. Citigroup Citigroup
  4. United States Department of the Treasury United States Department of the Treasury
  5. U.S. Bancorp U.S. Bancorp
  6. Federal Reserve Federal Reserve