FDIC Shuts Down 2 LA Banks; 143 Failures In ’10

LOS ANGELES (CBS/AP) — Bank closings for the year have hit 143 — two more than the number of U.S. banks that failed in all of 2009 — with regulators shutting down one bank in the San Fernando Valley and another one in Westminster.

The FDIC seized Western Commercial Bank in Woodland Hills, with $98.6 million in assets, and First Vietnamese American Bank in Westminster, with assets of $48 million.

(© Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • swhit

    One world gov, one bank, one military, one food source, one……………

    • Randy TheMachoMan Iglesias

      Uhhh, no thanks. Sounds like a horror movie.

  • swhit1


  • human

    You two are crazy…

  • So. Cali.

    Everyone see what’s happening, but few want to believe in the one world government marching our way.

  • m marions

    good job

  • M.L smith

    The Democrats are doing a fantastic job fixing our economy. Mr Obama is an angel sent from heaven. Thankyou god.

blog comments powered by Disqus
Sandwich Generation

Listen Live