U.S. problem banks rise to 171 at end of third quarter

November 25, 2008 by · Leave a Comment
Filed under: Bank Failure 

That is quite a leap from 117 during this period of unprecedented bailing out of all sorts of financial institutions.  


The number of problem U.S. banks and thrifts jumped in the third quarter to 171, from 117 at the end of the prior quarter, marking the highest level since the end of 1995 and adding to expectations that more banks will fail, regulators said on Tuesday.

Source: Reuters

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!