FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.

Six Banks Fail, 2010 Tally at 15

Posted by admin on Jan 30th, 2010 and filed under National News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Six community banks failed Friday, bringing the 2010 tally of failed U.S. banking institutions to 15.
Friday’s failures are expected to cost the Federal Deposit Insurance Corp.’s insurance fund a total of $1.9 billion.
According to a story in TheStreet, all six failed institutions had been previously assigned E-minus (Very Weak) financial strength ratings by TheStreet.com Ratings, [...]