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When the FDIC takes over a bank....it's CURTAINS...prepare

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MYOB   Monday, 05/17/10 12:16:53 PM
Re: Entangled Proton post# 155
Post # of 182 
When the FDIC takes over a bank....it's CURTAINS...prepare for a tax write off...."you ain't gettin nothin". There is no hope at that point...they liquidate and its over. No need to file BK...they are considered insolvent thats why FDIC took charge.

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