UPDATE- Fourth Bank Closure This Weekend Total Now At 29 This Year
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- 1percent
- added this
http://money.cnn.com/2009/04/24/news/companies/bank_failure/?postvers...
The FDIC took control of four more FAILED banks this weekend bringing the total this year to 29.The failure rate has surpassed last years total of 25 all within 4 months.
The Treasury Department is due to release the results of their "Bank Stress Test" within a week.
Where will the total number of Failed banks be after that?
Will there be a run on the banks?
Please read article and decide for yourself.
If this concerns you, please check out the BANKS topic thread here on CURRENT.
Please read and discuss-
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resolute
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The banks need to be investigated for fraud and shut down now.
- 10 months ago
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resolute
