New Bank Failures: Week of Aug. 17

the street ^ | 8-17-09 | Philip Van Dorn

[WOBBLY BOB]

NEW YORK (TheStreet) -- New bank failures last week included two in Arizona and one each in Pennsylvania, Alabama and Nevada, bringing the total number of banks and savings and loans shut down by regulators this year to 77.

All 102 bank failures since the beginning of 2008 are detailed on TheStreet.com's interactive bank failure map:

[org.whodat]

Tarp land, a bank that owes tarp money fails, is bought by a bank that has and owes tarp funds. Who owns the bank??

[WOBBLY BOB]

all your bank are belong to P-BO.

[perfect_rovian_storm]

And if the insolvent FDIC wasn’t afraid to start a panic by using their backstop from the treasury, they’d have closed down the Corus and Guaranty zombie banks along with Colonial.