Federal regulators close 9 banks NEW YORK - Regulators shut California National Bank of Los Angeles and eight other banks as the weak economy continues to produce a stream of loan defaults. Analysis: Liberals tired of health care compromise WASHINGTON - Frustrated liberals have a question for President Barack Obama and Democratic lawmakers: Isn't it time the other guys gave a little ground on health care? What's the point of a bipartisan bill, they ask, if we're making all the concessions? Colonial BancGroup shut down by federal officials WASHINGTON - Real estate lender Colonial BancGroup Inc. has been shut down by federal officials in the biggest U.S. bank failure this year.