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FDIC takes over 4 more banks, 13 in 2009



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But remember, everything is getting better. What the heck. Go spend your money and pretend as though everything is fine. Nothing has changed so it's perfectly safe to stay in the Pre-Credit Crisis mindset. This silly stimulus bill is nothing more than the Democrats conspiracy to grab everything and let the government take over. It has nothing to do with business failures and everything to do with Democrats being socialists and communists. That's what those bi-partisan Republicans tell me and I've always been able to trust their judgment. What we need more than ever is self regulation and tax cuts followed by another round of tax cuts and even less regulation.

Loup City, Neb.-based Sherman County Bank, Cape Coral, Fla.-based Riverside Bank of the Gulf Coast, Pittsfield, Ill.-based Corn Belt Bank and Trust Company, and Beaverton, Ore.-based Pinnacle Bank were closed by regulators Friday, bringing the number of U.S. bank failures for 2009 to 13 and 38 total since the start of the credit crisis, the Federal Deposit Insurance Corp. said.


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