Saturday, August 15, 2009

FDIC closes bank

Why don't we hear about this?

US regulators close 3 more banks: Brings total to 72 this year ...
By PUPPETGOV
... as Community First Bank in Oregon. It is expected that the three closures will cost the Federal Deposit Insurance Corp. a total of approximately $185 million in deposit funds. The FDIC says it will cover up to $250000 per account. ...
PuppetGov - http://blog.puppetgov.com/

Hurting commercial b2b companies are turning to alternative financing like factoring.

Eric Standlee
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