U.S. bank failures pass 100 mark for 2009

WASHINGTON (Reuters) - The number of U.S. bank failures this year reached 106 on Friday, when regulators closed seven more small banks, marking the highest annual level of failed institutions since 1992 during the savings and loan crisis.

http://mobile.reuters.com/mobile/m/FullArticle/CUSN/ndomesticNews_uUSTRE59M5GT20091024?src=RSS-USN

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