Monday, August 24, 2009

YTD 81 Bank failures.......

Alot more to come. Remember that 589 banks failed in 1989 the year that I left California for Georgia.

The number of problem banks jumped by 36% in the second quarter, hitting 416, while assets held by such banks also saw a whopping increase, rising 36% to $300 billion.

This will get real good before the large sucking sound is heard 'round the globe.

No comments:

Native American Advisors CHIPPEWA PARTNERS