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August 9, 2011

Fear Returns for U.S. Banks

“Fears about the health of the U.S. banking system are back in a big way.  Bank stocks plunged 11% Monday in their biggest one-day drop since April 2009, as investors questioned how well giant financial firms will weather a slowing economy and tumultuous markets after an unprecedented downgrade of U.S. debt.”

Read the full story at the ​Wall Street Journal

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