Bank Failures Rise to 124

The month of November has risen the total failed banks to 124! Small(regional) banks are failing nearly every week due to the loan losses from the credit boom. The FDIC will hold a briefing this week regarding current bank failures and the “troubled bank” list.

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This entry was posted on November 22, 2009 at November 22, 2009 and is filed under Banks. You can follow any responses to this entry through the RSS 2.0 feed.