Relevant:
- Former Bank Regulator William Black: U.S. Using "Rally Stupid Strategy" to Hide Bank Losses - Will Produce Japanese Style Lost Decade
- FDIC geared up for busy year of bank failures
- U.S. regulators seize two more banks, engineer sale
- FDIC Closes Silver State Bank of Henderson, NV
- FDIC: $19 billion now backs over $4.8 trillion
2010-04-27 — cleveland.com
" Bank failures last year cost the Federal Deposit Insurance Corp. more than $36 billion, as 140 banks went under. Already this year, 57 banks have failed, costing the FDIC nearly $9 billion.
The FDIC has had enough."
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