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The Federal Deposit Insurance Corporation has made another match, persuading the First Midwest Bank of Itasca to share losses encumbered by the now shuttered First DuPage Bank of Westmont. That's the seventeenth such Illinois bank to be closed or forced to be sold just this year so reports The Chicago Tribune.
Itasca First Midwest Bank Takes Over Failed Westmont Bank
chicagotribune.com - 3 weeks ago - 46 views
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Bank FAIL.
I don't see how "break the unions" could comment (at the story) that "we didn't even have a housing/construction bubble like some other areas." What part of the state does he live in?
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