Tuesday, Nov 24, 2009

Number at risk of failing soars in latest quarter. Deposit insurance fund slips into the red for fir

Cnn: Bank 'problem' list climbs to 552

Despite the frenetic pace of bank failures this year, 552 lenders are still at risk of going under, according to a government report published Tuesday.
The Federal Deposit Insurance Corp. said that the number of banks on its so-called problem list climbed to its highest level since the end of 1993. At that time, the agency red-flagged 575 banks.
this is only just the beginning.......

Posted by mark @ 08:54 PM (775 views)
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