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News Link • Economy - Economics USA

Problem bank list climbs to 829

• AP
The government's list of troubled banks hit its highest level since 1993 during the second quarter, although the pace of growth continued to slow, according to a government report released Tuesday. The number of banks at risk of failing rose by 53 to 829, the Federal Deposit Insurance Corp. said in its quarterly survey of the nation's banking system. That increase marks the smallest rise since the first quarter of 2009.

1 Comments in Response to

Comment by Lola Flores
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Is Bank of America, Chase, Citibank, Wachovia or any of the other "too big to fail" on that list?  No?  I didn't think so.

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