FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

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The Elizabeth State Bank

Posted by admin on Jul 28th, 2009 and filed under On The Front Lines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The Elizabeth State Bank, Elizabeth, Illinois, with approximately $55.5 million in assets, was closed. Galena State Bank and Trust Company, Galena, Illinois, has agreed to assume all deposits (approximately $50.4 million). (PR-116-2009)

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