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IPFS News Link • Economy - Economics USA

FDIC problem bank list hits 416

• Reuters
Problem U.S. banks and thrifts on an official watchlist rose more than a third to 416 in the second quarter of 2009, as bad loans continued to bite, but regulators saw signs of stabilization in the industry. The Federal Deposit Insurance Corp said the industry swung back to a $3.7 billion loss in the second quarter, after reporting a