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Sunday, December 07, 2008

FDIC CLOSES 23rd BANK - FIRST GEORGIA

It's getting harder to track the Federal Regulator as they are trying to be discrete concerning their takeover actions.

But once again - like clockwork - this past Friday night right after the bank closed the FDIC moved back into Georgia and seized First Georgia Community Bank. This makes the 23rd Banking casualty as a result of the real estate bubble.

http://www.bloggingstocks.com/2008/12/06/bank-failure-count-fdic-closes-23rd-bank-of-2008/

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