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Four more local Banks failed at the end of July, bringing the total this year to 69.
That’s the highest since 1992 when the nation and San Diego were dealing with another recession, according to the Federal Deposit Insurance Corp.
In 1992, 179 lending institutions failed, including the largest savings and loan based here, HomeFed Bank.
While that sounds terrible, it was less than half of the 381 failures recorded in 1990, when the S
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