One More Friday In January; 9 Banks Have Failed This Month
I dislike being the bearer of this type of bad news, but it is only going to get worse considering who is at the helm in the District of Criminals. Five Banks Fail; Year's Total at 9 Regulators seized five banks in Florida, Missouri, New Mexico, Oregon and Washington, lifting the total number of failures this year to nine as financial institutions struggle with loan defaults and a weak economy. Two of the five institutions had assets of more than $1 billion. The Florida bank, in Miami, was sold to an investment group that includes former North Fork Bancorp Chief…