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Senator: FDIC's Sheila Bair says 500 Banks Could Fail

07-17-2009 • CalculatedRiskblog.com

Sen. Jim Bunning, R-Ky., related a comment to him by Federal Deposit Insurance Corp. Chairman Sheila Bair that another 500 banks could fail "unless something dramatic happens."

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Senator: FDIC's Sheila Bair says 500 Banks Could Fail

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