Tag: "bank failure"

7 Banks Fail – FDIC Receiver of All of them
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7 Banks Fail – FDIC Receiver of All of them

This week we had 7 bank closures, you heard that right, 7 bank closures. To make matters worse ALL 7 bank failures named the FDIC [ continue reading... ]

FDIC Shuts Down 5 Bank on June 26th
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FDIC Shuts Down 5 Bank on June 26th

I am blown away at this. With all the “green shoots” (thank you Ben Bernanke for that term) and supposed health of the financial systems, [ continue reading... ]