Bank Failure Friday. Seven more banks went down
Fri Dec 18 2009 8:53 pm
by Bob Morris.
That’s 140 so far this year. Some banks had uninsured depositors (because they had more in the bank than the insured limit.) Calculated Risk’s unofficial problem bank list has increased to 551, and they have it online in a handy, sortable format.
Too bad those uninsured depositors weren’t banks. Because then the federal government would give them as much money as they want.
Posted in: Unfiled.
Tagged: bank failures · FDIC
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