The closings this year compare with 25 last year and three in 2007. It’s the highest number since the savings and loan industry crisis in 1992. With unemployment rising, consumer spending slack and businesses shuttered, experts say, up to 400 more banks could fail in the next couple of years.
» E-Mail This » Add to Del.icio.us
Read more about U.S. Bank Failures Top 100 For Year…
No comments:
Post a Comment