Today may be a bank holiday, but that does not mean we won’t take a quick look at the weekend bank closing activities of Bair & Co., courtesy of The Chart Store:

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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.

6 Responses to “FDIC Bank Failures”

  1. mwbugg says:

    Is there a yearly chart of cumulative bank failures by assets rather than # of banks. I;d predict that would show a different picture over the last few years. And would it include Countrywide, Wachovia and others that were eaten?

  2. mwbugg,

    to get a ‘handle’ on the Answer to your Question..

    you may care to see some of http://www.booktv.org/Program/12292/The+Hidden+Reality+Parallel+Universes+and+the+Deep+Laws+of+the+Cosmos.aspx

    note: Future Airings
    Monday, May 30th at 11:45pm (ET)

    Key, embedded, Point: ~*Multiple definitions, to begin with..

  3. DeDude says:

    Another graph that might be informative would be annual outlays, income and reserves for FDIC. But maybe things are a little to complicated (with FDIC guarantees etc.) to get meaningful insights out of that.

  4. cognos says:

    So can we get an acknowledgement that this story is OVER. # of failures in May is the 2nd lowest month in 2+ years. Cost of failure also one of the lowest in 2+ years. Steady decline in everything.

    The TOTAL cost of the last 10 months of failures… is LESS than the large month in the mid crisis. So we are down about 90% on average on this issue.

    Here is the link to “est cost”:

    http://portalseven.com/banks/Failed_Banks_FDIC_Cost.jsp

  5. DeDude says:

    Thanks cognos. No doubt that we are down to a much more manageable level of cost to FDIC. As much as one may object to the immorality of it all, it is clear that a few years of banks robbing the small time savers and depositors has helped them get a better financial footing. No wonder they are fighting so hard to sabotage the consumer protection agency.

  6. Jojo says:

    Test comment