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Saturday, December 5, 2009

Economic Recovery Equals Business Failures

http://www.bloomberg.com/apps/news?pid=20601103&sid=adRrN41CGEDk
AmTrust, Five Other U.S. Lenders Shut as 2009 Toll Reaches 130

How can you tell that we are in economic recovery?

Six more banks were closed by the Federal Government. That makes 130 bank closures this year.

If this is what an economic recovery looks like, I would hate to see what it looks like when we have economic problems!

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