Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults. The Federal Deposit…

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Federal Deposit Insurance CorporationUnited StatesBankCommercial bankGeorgia

The rest is here:
Regulators shutter 2 big Calif. banks, 5 others