2003 to 2007, there were 10 bank failures in the U.S

From 2003 to 2007, there were 10 bank failures in the U.S. Already in 2008, 13 banks have failed, with the lowlight being the collapse of Washington Mutual on September 25–the biggest bank failure in American history.

Check here

3 Responses to 2003 to 2007, there were 10 bank failures in the U.S

  1. miguelitodh says:

    Hi, I’m Kim, Do Hyun. Now, I’m working as a Korea’s financial policy promoter of Fin Pol, the official English blog the FSC (Financial Services Commission, South Korea). As I read your article, it is very interesting issue, in particular, the recent global financial crisis and recession triggered by subprime mortgage problem. In this respect, meanwhile, we’ve mainly addressed diverse financial issues throughout the official blog, Fin Pol as well.

    In this respect, I want to share various ideas each other. If you have a time, I hope you will visit Fin Pol, (http://fsckorea.wordpress.com/).

    Well, thanks for your time and best regards. ^____^

  2. In my research, I found that the history of bank failures is also often associated with delays in closure, plus reframing a bank failure as a merger, particularly in countries where bank failures are regarded as comparatively rare:

    http://brucelarochelle.wordpress.com/2011/09/27/financial-institutions-and-the-meaning-of-failure-closure-versus-merger/

  3. Thomas Topan says:

    Great site and article. Thanks, I will back soon.

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