April 16, 2010 - eight more U.S. banks fail
While the SEC accuses Goldman Sachs of defrauding investors by selling financial stocks related to the property market without fully informing its customers about the risks of loss of securities linked to subprime mortgages, the FDIC announced the closure due to bankruptcy 8 other banks (46 from early 2010). They are:
Riverside National Bank of Florida First Federal Bank of North Florida
Lakeside Community Bank Sterling Heights
AmericanFirst
Clermont Bank Tamalpais Bank San Rafael City Bank Lynnwood
Innovative Bank Oakland CA
Butler Bank Lowell
Source: http: / / www.fdic.gov / bank / individual / failed / banklist.html
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