Daily Freeman (dailyfreeman.com), Serving the Hudson Valley since 1871

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TheStreet: Two Banks Fail; Possible Losses to Depositors

Monday, February 27, 2012

NEW YORK (TheStreet) -- Regulators shuttered two banks on Friday, bringing this year's total number of failures to 11.

Both failed banks were previously included in TheStreet's fourth-quarter Bank Watch List of undercapitalized institutions, based on regulatory data provided by HighlineFI.

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