"Fact is, all lies, all evil deeds, they stink. You can cover them up for a while, but they don't go away."
--Dalton Russell (Inside Man)
Quick update on FDIC bank closings:
2006 0
2007 3
2008 25
2009 140
2010 103 (thru 7/27)
This yr's numbers project to nearly 180 by yr end.
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About Me
- fordmw
- b school prof interested in markets and freedom, among other things.
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Under no circumstances does information appearing on this blog represent investment advice, or an offer to buy or sell securities. No contributor to this blog can provide investment advice or respond to requests for recommendations.
2 comments:
Interestingly, FDIC permanently increased the insured deposit limit to $250,000 per depositor, per bank from $100,000 on 7/21/2010.
You mean *we* increased the dep limit...
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