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Here's a link to a Bloomberg commentary written by Jonathan Weil about how Atlanta-based Georgian Bank came crashing down last week... and it wasn't even on the FDIC's latest list of "problem" banks either. Ed Steer of Casey Research has said for years, more than 95% of all American financial institutions are technically insolvent right now. The headline of Weil's commentary is entitled "Banks Have Us Flying Blind on Depth of Losses"... link.