As these charts show, Bank failures in 2010 are running double the pace of 2009 . . .

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Charts courtesy of Ron Griess, The Chart Store

Category: Credit, Regulation

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “FDIC Bank Failure #83”

  1. tradeking13 says:

    It would be nice to see charts by size of assets and cost to the DIF.

  2. pravin404 says:

    You can check the graph for cost to FDIC at:
    http://portalseven.com/banks/Failed_Banks_FDIC_Cost.jsp

    and asset-wise number of failed banks at :
    http://portalseven.com/banks/Failed_Banks_List_2010.jsp

  3. jaywalker says:

    Failure Pace Slows ….

    If you take the last half of 2009, there were about 100 failures, according to the chart. That’s a pace of around 5 per week. The 2010 trend shows the pace slowing to about 4 failures a week. However, one has no way of knowing the aggregate size of the failures.