Five more bankis were closed this past week-end by the FDIC. I predicted for 2010 that 100 banks would fail. Already, the score is 15 for the year. There are big banks on the list; e.g., First Regional Bank of Los Angeles reported $2.18 billion in assets, though many will undoubtedly be written off. I [...]
Filed under: Banking, Economy, The Ongoing Financial Crisis | 3 Comments »
