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First buzzed by: anonymous

U.S. regulators close Gateway Bank, Prosperan Bank (Reuters)

Reuters - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year. » Full Story on Yahoo! News

Looks like a banking melt down to me, if this keeps up the only ones that will still be in business are the banks bailed out by the taxpayers. If you thought they were "to big to fail" before these companies are going to be gigantic. Bankers, don't you just hate them.

posted Nov 7, 2009 |
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posted Nov 7, 2009 |
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