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Columbian Bank and Trust of Kansas Closed by U.S. Regulators

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L.HAMILTON

posted on Aug, 23 2008 @ 11:52 AM
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Columbian Bank and Trust of Kansas Closed by U.S. Regulators


www.bloomberg.com

Aug. 23 (Bloomberg) -- Columbian Bank and Trust Co. of Topeka, Kansas, was closed by U.S. regulators, the nation's ninth bank to collapse this year amid bad real-estate loans and writedowns stemming from a drop in home prices
(visit the link for the full news article)


L.HAMILTON

posted on Aug, 23 2008 @ 11:52 AM
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That makes it the ninth bank to collapse this year. The FDIC is inundated with bank failures . And we have yet to see one of the major banks to fail, as Mr Keneth Rogoff discribed in the following article...news.bbc.co.uk...

www.bloomberg.com
(visit the link for the full news article)



 
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