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California ranks second to Georgia for the largest number of bank and thrift failures during the current economic crisis, with regulators shutting down eight institutions since the beginning of 2008.
While Georgia has had more bank failures, California has been the costliest state for the Federal Deposit Insurance Corp., accounting for $13.6 billion of the $19.5 billion of costs incurred by its insurance fund as of Feb. 27.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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