WASHINGTON - The Resolution Trust Corp. on Friday is selling the nation's largest failed thrift, and depositors with $12 million in holdings stand to lose money as a result.

RTC spokesman Stephen Katsanos said a July analysis of Homefed's books indicated that a portion of $12 million - of the $4.88 billion of deposits at San Diego's Homefed Bank - is uninsured because the accounts exceed the federal government's $100,000 limit.

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