Bank failures hit 106 for year; many ...

Bank failures hit 106 for year; many more are weak

There are 1 comment on the CBC News story from Oct 24, 2009, titled Bank failures hit 106 for year; many more are weak. In it, CBC News reports that:

It's a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday - hitting 106 by the end of the day - the most in nearly two decades.

Join the discussion below, or Read more at CBC News.


Peoria, AZ

#1 Oct 26, 2009
While Banks failed because of their greed & tax payers are paying for their unacceptable behavior.
Many of this banks should not be bail by Fed. Big mistake. Americans are being punish for not having a job because of their less than perfect credit score & banks should be treated the same.

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