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Report: Mubarak announces he is dismissing the government

By Anonymous

From Al Jazeera English Mubarak announces he is dismissing the government

Update: From the NY Times: Mubarak Orders Ministers to Resign but Backs Armed Response to Egypt Protests

Bank Failure #8 in 2011: First State Bank, Camargo, Oklahoma

As of September 30, 2010, The First State Bank had approximately $43.5 million in total assets and $40.3 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $20.1 million. ... The First State Bank is the eighth FDIC-insured institution to fail in the nation this year, and the first in Oklahoma.

Billions vanishing
Innumerable losses
When will perp walks start?
by Soylent Green is People

Update: Bank Failure #9 in 2011: Evergreen State Bank, Stoughton, Wisconsin

As of September 30, 2010, Evergreen State Bank had approximately $246.5 million in total assets and $195.2 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $22.8 million. ... Evergreen State Bank is the ninth FDIC-insured institution to fail in the nation this year, and the first in Wisconsin.

Shoots crisp to stubble
Evergreen's gone never green
Roots dead from red ink
by Soylent Green is People

Full post as published by Calculated Risk on January 28, 2011 (boomark / email).