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40 tables
1801 Bering Drive
408.451.8888
1 2 2 NLH. $40-200 buy-in.
2 3 5 NLH. $500-2000 buy-in.
To:
fdic <email address not displayed>
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fdic wrote on the message board: > Shortly before noon eastern, the Federal Deposit Insurance Corporation > moved to shutter the bank. Notably, the FDIC did not wait until the > close of business to seize the bank, as is typical in an orderly wind > down of a financial institution. The FDIC could not immediately find a > buyer for the bank’s assets, signaling how fast depositors had > cashed out. The bank’s remaining uninsured deposits will now be > locked up in receivership.
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