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2008-11-21 — ml-implode.com
In a move long overdue according to most, Downey Savings & Loan has been seized by the FDIC. We expected it today (based upon stock trades down to 18 cents), and the run on deposits that surely pushed DSL over the brink of OTS mandates. Our hat goes off to John Gittelson of...
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Comments:
Littletootall at 20:19 2008-11-21 said:
November 21, 2008 On the evening of November 21, 2008 U.S. Bank acquired the assets and liabilities of Downey Savings. In addition, you will learn that U.S. Bank has also acquired PFF Bank & Trust. Permalinkadd a comment | go to forum thread
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