Saturday, June 06, 2009

How's that recovery of the financial sector going?

Illinois' Bank of Lincolnwood shuttered - UPI.com: "LINCOLNWOOD, Ill., June 6 (UPI) -- An Illinois bank has become the 37th such U.S. institution to fail so far this year, regulators say.

The Bank of Lincolnwood, located in suburban Chicago, was closed by regulators Friday and its $202 million in deposits assumed by Republic Bank of Chicago, Oak Brook, The Chicago Tribune reported."

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