NEW YORK (AP) - Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank.
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WASHINGTON -- Aspiring homebuyers rushed to take advantage of a tax credit for first-time owners that expires in November, driving up the number of signed sales contracts for the seventh straight month in August.
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NEW YORK (AP) - Regulators shut down two banking units of Irwin Financial Corp. Friday, marking the 93rd and 94th failures this year of federally insured banks.
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WASHINGTON (AP) - The Federal Reserve for the first time would police banks' pay policies to make sure they don't encourage excessive risk taking under a plan the Fed is drafting.
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