T Nation

Anyone Care About the Bank Failures?


"U.S. regulators close 3 more banks; 2011 total 61

The FDIC estimated the cost of the three failures to the Deposit Insurance Fund would be $253.4 million.



You do realize that this is a tiny fraction of the bank closings during the Great Depression.


Not clear. Aren't we in a Great Depression?


Wa Mu Was the largest bank failure in US history.


Not yet , it is possible Obama's actions saved us from the Great Depression :)but the Republicans are trying hard to make it happen :):):slightly_smiling: