The Story of a Bank takeover.

In Today's Wall Street Journal, is a story of a small bank in Minnesota which was taken over by the Fed's as the bank had come across some hard times. It was quite interesting to see how the entire process plays out. The Fed's anticipate that 150 banks will "fail" in the next 3 years (all small banks) against 3 in the past three years.

It is a quick read and an interesting one.

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