Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (92844)	7/27/2001 8:05:52 PM
From: ldo79	Read Replies (3) of 95453

Bear market over? I think we're just tuning up. Friday July 27 7:26 PM ET Federal Regulators Close Thrift By MARCY GORDON, AP Business Writer WASHINGTON (AP) - Federal regulators on Friday closed a Chicago-area thrift half-owned by the multibillionaire Pritzker family that has been battered by huge losses on loans to high-risk borrowers. The thrift's failure is expected to cost the federal insurance fund an estimated $500 million, according to the Federal Deposit Insurance Corp., making it one of the costliest failures of a U.S. financial institution. --------------- dailynews.yahoo.com Regards, ldo79

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