Regulators Close Eight Banks, Total 2010 Failures Top 118

Eight U.S. banks were shut down last Friday by the Federal Deposit Insurance Corp., bringing the total number of failed U.S. banks to 118 this year.
Regulators Close Eight Banks, Total 2010 Failures Top 118
The Federal Deposit Insurance Corporation headquarters is seen in this October 1, 2008 photo in Washington, DC. Eight banks were closed, according to a report published on Aug. 20, 2010. Karen Bleier/AFP/Getty Images
|Updated:

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/83073429.jpg" alt="The Federal Deposit Insurance Corporation headquarters is seen in this October 1, 2008 photo in Washington, DC. Eight banks were closed, according to a report published on Aug. 20, 2010. (Karen Bleier/AFP/Getty Images)" title="The Federal Deposit Insurance Corporation headquarters is seen in this October 1, 2008 photo in Washington, DC. Eight banks were closed, according to a report published on Aug. 20, 2010. (Karen Bleier/AFP/Getty Images)" width="320" class="size-medium wp-image-1815819"/></a>
The Federal Deposit Insurance Corporation headquarters is seen in this October 1, 2008 photo in Washington, DC. Eight banks were closed, according to a report published on Aug. 20, 2010. (Karen Bleier/AFP/Getty Images)