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Old 02-15-2009, 12:37 PM
 
Location: Michigan
29,391 posts, read 55,602,856 times
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(WASHINGTON) — Regulators on Friday closed banks based in Nebraska, Florida, Illinois and Oregon, marking 13 failures this year of federally insured institutions.

The Federal Deposit Insurance Corp. was appointed receiver of the banks.

Banks Closed in Four States; 13 Failures in 2009 - TIME (http://www.time.com/time/business/article/0,8599,1879626,00.html - broken link)
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Old 02-15-2009, 12:51 PM
 
Location: Backwoods of Maine
7,488 posts, read 10,490,127 times
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Interesting.

The totals for 2008 were 25 bad banks, I believe. And here we aren't even finished with February.

Going to be a damn interesting year!
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