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IPFS News Link • Economy - Economics USA

Freedom Bank of Georgia Seized, 17th U.S. Failure This Year

03-06-2009 • Bloomberg

Freedom Bank of Georgia was seized by regulators, the 17th bank closed this year, as the recession persists and a jump in unemployment pushed more borrowers behind on home loan payments.

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Reported By Powell Gammill

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Freedom Bank of Georgia Seized, 17th U.S. Failure This Year

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