Scary shit
Atrios has been tracking the FDIC's list of failed banks for while now, and regularly posts when banks get "EATED" and go under. Subjecting the latest list to a bit of statistical analysis is quite interesting:
From October 2000 through the end of 2007, a total of 27 banks failed. In 2008, a total of 26 banks failed. In the first four months of 2009, a total of 29 banks failed.
In July, 2009, a total of 24 banks failed.
Does anyone else find this trend just a tad disturbing?
From October 2000 through the end of 2007, a total of 27 banks failed. In 2008, a total of 26 banks failed. In the first four months of 2009, a total of 29 banks failed.
In July, 2009, a total of 24 banks failed.
Does anyone else find this trend just a tad disturbing?
3 Comments:
At 4:16 PM, Anonymous said…
This comment has been removed by the author.
At 4:18 PM, Anonymous said…
Failing banks are indeed disturbing. And once disturbed, the rational response would be to investigate further.
How knowledgeable are you about the Ponzi scheme that is the Federal Reserve bank?
Btw, I am the man you mistakenly labelled a conservative and said was incapable of intellectual honesty about two weeks ago.
At 4:40 PM, Realist said…
Dude, do you have any idea how many people I insult on the Internet in the course of the average week? A little more detail, please - I have no clue who you are or what you're talking about.
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