Posted on 07/10/2009 12:23:53 PM PDT by FromLori
Watch as the wave of bank failures washes over 31 states.
Fifty-two U.S. banks have failed in 2009, costing the FDIC $12.3 billion so far this year. Only 25 banks met the same fate in all of 2008.
From sea to shining sea, we walk you through the unfortunate 52.
START >
http://www.businessinsider.com/the-52-failed-banks-that-failed-so-far-in-2009-2009-7#1-bank-of-clark-county-1
(Excerpt) Read more at businessinsider.com ...
Has the FDIC announced how many they are taking over today, yet?
They do not usually do that until about 4:30
Thanks!
Would be interesting to see how this compares to the number of S&L bank failures that occurred in the early 80's. If my memory is correct those were on the order of hundreds per year for a while.
Numbers may be one thing, but total capital involved may be another...
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