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by Banking News
N.Y. private equity firm to invest $250 million in Troy's Fl...

Flagstar Bancorp Inc. has announced a private equity firm plans to take a 70-percent stake in the troubled Troy-based bank.

Rising unemployment forceast

The economic downturn will continue in 2009 in the Upper Plains, with unemployment rates rising and checking recovery in the residential real estate market expected to take more than a year, the Fe...

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