Quote:
Originally Posted by ADL Colin
...NEW YORK (MarketWatch) -- March 26, 2008. Federal banking regulators will hire 140 new employees in an effort to reassure the public they are well-positioned to deal with a possible increase in bank failures over the next year, the Federal Deposit Insurance Corp. said Tuesday.
** Federal Reserve Chairman Ben Bernanke raised some eyebrows last month when he suggested during congressional testimony that the U.S. will likely see some banks fail in upcoming months due to increasing writedowns and a tightening credit climate.
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Wow, I just realized after reading through this thread that I own
BankFailure.com /
BankFailures.com ... regged them many years ago - looks like they may come in handy afterall for a site about bank failures, which seemed silly back then, but perhaps not anymore, if many more banks fail.
Ron