FDIC Bank Failures
By Barry Ritholtz - March 13th, 2011, 8:30PM
Another few takeover the past week:
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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.
March 13th, 2011 at 11:05 pm
Does your source provide deposit and asset weighted data on FDIC failures?
Eric Morey…
March 14th, 2011 at 8:49 am
Looking at that chart….I see 2009, 2010 and 2011 and all I think of is that scene from Ghost Busters when they yell…..
“Don’t cross the streams”
March 14th, 2011 at 1:52 pm
These are TINY!
Here is the link to “costs” of FDIC failures:
http://portalseven.com/banks/Failed_Banks_FDIC_Cost.jsp
Rolling 6-month “costs” to FDIC are down more than 80% from the peak on a pretty linear decline. Costs are now averaging $600m per month… while the peak months, there were 4 months above $6B each (over 10x as much!). This looks set to decline further as March looks set to be the lowest month yet.
March 14th, 2011 at 3:43 pm
Cognos…..please do not be nieve. They aer not going after the big guys….They can’t afford it.
Don’t make me laugh…..
ha
ha
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