Mon., July 18, 2011 10:37am
Ga. Banks Feel More Pain
Federal regulators seized two more Georgia banks late Friday, making 16 failures for the year and 67 since the middle of 2008, leading the nation. And there's likely more pain ahead for the industry in the rest of 2011. High Trust Bank in Stockbridge, and Atlanta-based One Georgia Bank were both were heavy in commerical real estate loans.
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