CARPE DIEM: Only 2 Banks Have Failed in 2008

Thursday, April 17, 2008

Number of FDIC-insured banks in U.S.: 8,533

Number of FDIC-insured banks that have failed in 2008: 2

At 4/17/2008 12:19 PM, Anonymous said...: Interesting. Eleven failed in 2002 after the recession.
At 4/17/2008 12:27 PM, BlogDog said...: I recall that it was blogged earlier on CD that even with all the doom and gloom reporting about banks, they are still in profit. Perhaps less profit but profit nonetheless.
At 4/17/2008 1:09 PM, Anonymous said...: Good sign but 2008 still has another 8.5 months.
At 4/17/2008 1:19 PM, Anonymous said...: ...And the century has another 91.5 years!
At 4/21/2008 9:29 AM, juandos said...: fred says: "And the century has another 91.5 years!"...

Ahhh, but is there even nine years left?

Beware of Dec. 21, 2012...:-)

Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.