News Sources wrote an interesting post today on
Here’s a quick excerpt
By Bob Blandeburgo Associate Editor Money Morning As the number of bank failures grows, the Federal Deposit Insurance Corp. (FDIC) is falling deeper into the red, but deposits at insured banks keep growing. Six banks failed on Friday, bringing the total number of banks failed this year to 106. That’s more than four times the amount of bank failures in 2008, and it’s only October. Still, the number is dwarfed by the 534 failures seen in 1989 at the height of the savings-and-loan crisis.

Read the rest of this great post here

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