Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Banks in Florida, Maryland and Utah closing as Mortgage losses mount

Posted: February 1st, 2009 | Author: | Filed under: Recession News | Tags: , , , | No Comments »

Banks in Florida, Maryland and Utah were closed Friday as regulators wrapped up the busiest month for failures since the housing slump began in 2006.

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