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	<title>Stock Blog Hub &#187; Guaranty Financial Group Inc.</title>
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		<title>(GFG) 2nd Largest Bank Failure in &#8217;09</title>
		<link>http://www.stockbloghub.com/2009/08/24/gfg-2nd-largest-bank-failure-in-09-analyst-blog/13191</link>
		<comments>http://www.stockbloghub.com/2009/08/24/gfg-2nd-largest-bank-failure-in-09-analyst-blog/13191#comments</comments>
		<pubDate>Mon, 24 Aug 2009 21:25:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Southwest Banks]]></category>
		<category><![CDATA[Banco Bilbao Vizcaya Argentari]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BBV]]></category>
		<category><![CDATA[GFG]]></category>
		<category><![CDATA[Guaranty Financial Group Inc.]]></category>

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		<description><![CDATA[Regulators shut down 4 more banks including Guaranty, the 2nd largest this year; total failed banks in &#8217;09 reach 81 U.S. regulators on Friday shuttered more four banks Incorporatedluding Guaranty. The shutdown of Guaranty, a unit of Guaranty Financial Group Inc. (GFG), is the second-largest U.S. bank failure this year after Colonial, and the 10th-largest in U.S. history. This takes the total number of failed federally insured banks this year to 81, compared to 25 in 2008 and 3 in 2007. Texas-based lender Guaranty had assets of about $13 billion and deposits of $12 billion. Souring losses on loans to homebuilders and mortgage-backed securities were the primary reasons which caused Guaranty to fail. GFG affirmed last Monday in a regulatory filing that the company was critically short of capital and ]]></description>
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