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calculatedriskblog.com - 17 days ago
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From the LA Times: United Commercial Bank is shut down, sold to East West Bancorp Toppled by loan losses and misstated financial reports, San Francisco's United Commercial Bank was shut down by regulators Friday night ... United Commercial's collapse may cause a greater-than-usual stir because ...
| Calculated Risk: TARP Loses $299 million Investment in United ...: United Commercial was burned by commercial l.. http://bit.ly/1VKIRR 17 days ago |
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Eschaton —
The press likes to talk about the tremendous bank bailout success - paid it back with interest! - but that's only if you ignore the failures and likely future failures... ...
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