MORE BANKS GET BAILED OUT

July 28, 2008
FDIC closes First National Bank of Arizona AKA: Bank of Nevada Mutual of Omaha Bank takes over deposits, to reopen 15 branches Monday

The failed Arizona bank suffered a $131.4 million loss in the first quarter as it was hurt by real estate loans that went bad as the state's economy slowed.
WACHOVIA DOWN IN THE SECOND QUARTER ALMOST 9 BILLION DOLLARS
AP Report
PHOENIX FOX NEWS