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Re: How Do Banks Go Under?
most of the regional banks in the midwest, my state in particuliar are still strong because they keep there loans and dont farm them out , package and sell them, they also dont relax there standards for home loans, banks go under fast when they get over extended, lose money, and become undercaptialized, thus the tarp money that saved the banks, or put them under govt control, just the facts man, dt
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A product of a pentecostal raisin, I am a hard man, just ask my children
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