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Bank Collapses Continue, FDIC Unloading Real Estate at Record Pace
As the Federal Deposit Insurance Corporation continues to take over property holdings of failed lending agencies, the regulator has already sold more real estate than it has in any year since 1994. In the first 9 months of this year, the FDIC made more than $725 million from the sale of property, compared to $1.15 billion for the entire year of 1994.
Insight on EconomicsEconomics can be easily defined as a particular area of study that basically relates to how society sets about or work in order to meet the demands for different things. The study basically looks at the making, use and sale of services and goods. Today the economic behaviour is so extensive and common that it is really hard to find any facet of our lives that cannot be analyzed from the outlook of economics. Learn here more about economics and how making a career in economics can help you earn a decent salary.