Bank Failures Reported by FDIC
By Barry Ritholtz - October 5th, 2009, 5:00AM
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
October 5th, 2009 at 5:15 am
I guess this is nothing. It is the only the beginning of the END for US banking as we know it.
1800 banks are slated to fail and in terrible shape. That is nearly 20% of the overall banks. We will see a repeat of the great depression banking closure. Sit tight fellas…
I think the bottomline is dollar is forcefully and structurally being devalued and that is the only way out of this mess.
October 5th, 2009 at 5:44 am
. . . on the way to 1800, i read somewhere . . .
and then there’s this: http://news.yahoo.com/s/ap/us_meltdown_banks
October 5th, 2009 at 6:22 am
why are you guys editing my comments? Are we not allowed to paste links to site from where analysis is taken ?
Fresbee
GA Alpha Fund
~~~
EDITOR: Multiple URLs are what spammers do, and each time you do that your comments are flagged by Word Press as spam advertisements.
The preferred comment etiquette is to put a LINK to what you are referencing in the URL portion of the comment, and/or embed a single HTML link.
The purpose of comments are to discuss the post, not to advertise other goods and services.
October 5th, 2009 at 9:51 am
There is another graph of bank failures showing monthly bank failures at
http://portalseven.com/Failed-Banks-2009
There is a drop in bank failures since the high of 24 bank failures in July.
October 5th, 2009 at 10:12 am
So what? Goldman sachs put out a report today saying that we should buy large banks with both our hands.
October 5th, 2009 at 11:04 am
ok.
How is giving updates to articles advertising? For example I cant paste a chart in the comment section, about banking failures. Can I? Hence I need to refer it back to the site from where I took it.
Anyways cool thanks for your help
Fresbee
GA Alpha Fund
October 5th, 2009 at 11:53 am
godly
It’s been clear for some time that you’re making a concerted effort to spam your links and none others. Sorry, I call ‘em like I see ‘em.
October 10th, 2009 at 8:06 pm
Were there actually no bank failures nationwide yesterday, Oct 9th? I can’t find any record of any? Is this attributable to the 3-day banking weekend due to Columbus Day Federal Holiday on Monday, or is FDIC marshalling resources for a large bank next week?