Saturday, August 21, 2010

ShoreBank becomes the 15 bank in Illinois to fail.

And according to the Tribune it was the 118th bank seized by the Federal government this year. I know Marathon Pundit has been following this issue for a while, even was part of a tea party protest at a ShoreBank office near City Hall. I found this article from The Hill, a source that covers the US Congress, via Instapundit from yesterday. It appears ShoreBank is national news!

Oh yeah I almost forgot about that day when I almost thought ShoreBank was seized. It's been expected for a while anyway. Surely many expected it much sooner than others.

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