Bank Failures
Hume Bank Bites the Dust
Read the full article: http://marketprognosticator.blogspot.com/2008/03/hume-bank-b...
The Federal Deposit Insurance Corporation (FDIC) announced very quietly the failure of a bank in Missouri called Hume Bank.
As I have said before, this will be the first of many failures over the next year. The Hume Bank was founded in 1909, and survived the Great Depression, but apparently not the “Great Deleveraging.”
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