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Busted Banks

Jul 1, 2010 12:00 PM, By Christina Mucciolo


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It's shaping up to be a record year for bank failures. There have been 83 closures so far this year, more than double the 40 that had closed this time last year, according to the Associated Press. That number is expected to top the 140 total that failed last year — the largest number since the savings and loan crisis of 1992.


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