Bank failures rising; 77 gone in '09
Smaller institutions now being felled by ordinary loans, sapping FDIC
Posted: August 22, 2009 at 4:09 a.m.
The toll of failed banks is mounting, with 77 institutions closed by regulators so far this year - the most since 1992 at the height of the savings-and-loan crisis.
This story is only available from the archives. Click here to contact the online desk.
Business, Pages 24 on 08/22/2009
(Advertisement)
« Previous Story
NEWS IN BRIEF
Agency finds issues at Ash Flat bank The Office of the Comptroller of the Currency has found unsafe and unsound banking practices at First National Banking Co. in Ash Flat,... Read »
Next Story »
Fed chief's forecast cheers investors
Federal Reserve Chairman Ben Bernanke said Friday what investors wanted to hear - that the economy is on the v... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.