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08-27-2009, 11:25 PM #1
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1,000 Banks to Fail In Next Two Years: Bank CEO
1,000 Banks to Fail In Next Two Years: Bank CEO
Published: Thursday, 27 Aug 2009 | 10:29 PM ET
By: Natalie Erlich
Writer/Producer
The US banking system will lose some 1,000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May.
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