Posted on August 14, 2009 ·
Banking Failures – 77 And Counting
2009 has now seen a total of 52 more failed banks than occurred for all of 2008. The latest banking closures by the FDIC bring total banking failures for 2009 to 77. The latest five failed banks on August 14, 2009 had total assets of $26.8 billion and total losses to the FDIC Deposit Insurance Fund (DIF) are estimated at $3.7 billion.
The [...]