Saturday, Oct 03, 2009

Weekend bank closures without fail every weekend...

Cnn: Bank failure tally tops 98 in 2009

hree regional banks failed in Michigan, Minnesota and Colorado, raising the national tally. failures. The closures will cost FDIC $293.3 million.

Posted by mark @ 05:29 PM (644 views)
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2 Comments

1. alan said...

For a country that's supposed to be upward bound, there are still a lot of failures!

Almost every w/end something is reported on this site. I've posted a few over the last couple of months.

I'm trying to get my mind around the size of the problem - It seems this year's failures have reduced the FDIC's insurance fund to $10.1 billion from $45 billion a year ago. In total, that's a lot of bail-out money - even for Americans!

Saturday, October 3, 2009 10:19PM Report Comment
 

2. devo said...

amazing regularity

almost like it's being orchestrated or something

Saturday, October 3, 2009 11:44PM Report Comment
 

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