Wikinvest Wire

Failed banks are popping up all over...

Tuesday, November 03, 2009

They've got another neat interactive graphic over at the Wall Street Journal (hat tip Patrick) where you can see the timing, size, and location of all 140 banks that have failed since 2008 along with a handy sortable table with important statistics. For maximum enjoyment, click on the first link above and then hit the Play button.
IMAGE The 140 failed banks still don't compare to the 747 savings & loans that went belly-up in the late-1980s and early-1990s (that's according to Wikipedia, the FDIC puts the total at almost 3,000), but we're still a long ways away from "normal" conditions in the U.S. banking sector.

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