Wednesday, November 26, 2008

Bunk Banks

In its latest quarterly report, the FDIC said the number of problem banks at the end of September stood at 171, up from 117 in the second quarter.
So far this year, 22 lenders have failed. Washington Mutual's collapse in September was the biggest in U.S. history. Here's the FDIC's list of failed banks since 2000.
lots more info HERE

Related:
U.S. Government announces another $800 Billion in bailout plans

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