The feds seized more banks on Friday, bring the total for 2009 to 57. Total seizures in 2008 was 25 and only 3 in 2007. Worse, the number of banks on the watch list increased from 252 to 305. Remember when it was horrifying that the number of banks on the watch list topped 100? Ah, the good ol' days.
"Look!! Green shoots!! Oh, wait. Just more gremlins emerging from the ground. Never mind. Now, move along!! Nothing to see here."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment