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	<title>MontNews.com &#187; failures</title>
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		<title>Insured Banks and Thrifts Lost $26.2 Billion in the Fourth Quarter</title>
		<link>http://montnews.com/wordpress/2009/02/27/insured-banks-and-thrifts-lost-262-billion-in-the-fourth-quarter/</link>
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		<pubDate>Fri, 27 Feb 2009 17:53:43 +0000</pubDate>
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				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[failures]]></category>

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		<description><![CDATA[from the FDIC Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported a net loss of $26.2 billion in the fourth quarter of 2008, a decline of $27.8 billion from the $575 million that the industry earned in the fourth quarter of 2007 and the first quarterly loss since 1990. [...]]]></description>
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