Welcome to Friday! What would the start of the weekend be without a good old fashioned death of a regional bank.
This week's sacrifice is Ravenswood Bank, Chicago, Illinois, an appropriate name to be sure.
The cost to the FDIC deposit insurance fund is $68.1 million. All say welcome to bank failure 2010 #109.
Now that we've had our Friday Happy Hour news, please go about your evening as if nothing bad is happening.