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FDIC seizes 9 banks operated by FBOP

feeds.chicagotribune.com - 3 weeks ago - 38 views

U.S. Bancorp purchases assets of Park National, others, which will open as usual Saturday

River Forest resident Michael Kelly built a banking empire over three decades, making himself wealthy. On Friday night, it all came tumbling down in spectacular fashion, as the government seized the nine banks run by Kelly's FBOP Corp.

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