Not Everybody Loses on Bank Failure Friday
Three more banks failed on Friday, bringing the year’s total to 133. The FDIC estimates Friday’s failures will cost its insurance … more…
Bank Failure Friday Roars Back: Six Banks Fail, Costing FDIC $2.4 Billion
After a brief holiday respite, bank failure Friday came back with a vengeance yesterday. The FDIC and its fellow regulators closed … more…
Slow Bank Failure Friday
Despite a problem bank list brimming with about 400 institutions, the FDIC shuttered only one bank on Friday. The agency does not … more…
Regulators Seize Another Recipient of TARP ‘Healthy Bank’ Bailout
Regulators seized three banks yesterday, bringing the toll of failed banks for the year to 123. As always, we’ve updated our list … more…
Bank Failure Friday Fells a ‘Healthy Bank’ Bailout Recipient
San Francisco-based United Commercial Bank has become the first recipient of TARP bailout money to be shut down by the FDIC. Last … more…
Taxpayers Lose $2.3 Billion with CIT Bankruptcy
CIT filed for bankruptcy protection on Sunday, and part of its plan to heal itself is wiping out the taxpayers’ $2.33 billion … more…
Bank Failure Friday: Nine Banks, One Big Failure
On the one hand, yesterday was just another Friday. Nine more banks failed, bringing the year’s toll to 115. As always, our big … more…
Bank Failure Century Mark Overshadowed By Six More
The Office of Thrift Supervision was the first regulator to break the news of the 100th bank failure for the year. Yesterday, … more…
Bank Failure Friday Inches Toward Century Mark
The FDIC shuttered California’s San Joaquin Bank on Friday, putting the total number of bank failures for the year at 99. (See … more…
Another Three Bank Failures, Year’s Total Nears Triple Digits
Three bank failures on Friday brought the total number of FDIC-insured institutions that have failed this year to 98. The … more…
Bank Failure Friday Marches Through Atlanta
On Friday, the FDIC announced the failure of Atlanta’s Georgian Bank. It’s the 95th failure for the year and the 19th in Georgia. … more…
Failure Friday Twofer Brings Bank Toll to 94
The FDIC assumed control of two more banks on Friday bringing the total number of bank failures for the year to 94. The banks were … more…
Bank Failure Friday Catches Up with Corus
Speculation that Chicago-based Corus Bank would fail dates to at least last February. Yesterday the FDIC and the bank’s primary … more…
Bank Failure Friday: Labor Day Weekend Edition
Sept. 8: This post has been corrected.
Five banks failed Friday, bringing this year’s total to 89.
Here is our complete list of … more…
Bank Failure Friday Claims Three More
Three banks failed Friday, bringing this year’s total to 84.
You can see our complete list of those failed banks here.
The three … more…
Bank Failure Friday Texas Style
Four banks failed Friday, bringing the total for the year to 81. The largest by far was Guaranty Bank. With assets of $13 billion, … more…
Bank Failure Friday Costs FDIC Nearly $4 Billion
The Federal Deposit Insurance Corp. shuttered five banks on Friday, bringing the total number of failures for the year to 77. The … more…
Oregon, Florida Banks Fail Friday
Three more banks failed Friday, bringing the total for the year to 72. Two of the casualties were in Florida, and the third was in … more…
Five Fingered Failure Friday
Five banks failed on Friday, pushing the total number of failures for the year to 69. Together the five failures cost the FDIC … more…
Georgia Adds Six More to Failed Bank List
What’s the sound of one bank holding company failing in Georgia? Apparently, it’s six subsidiaries hitting the ground. The FDIC … more…
© Copyright 2010 Pro Publica Inc.
FREE REPRINTS
Unless otherwise noted, you can republish our articles and graphics (but not our photographs) for free. You just have to credit us and link to us, and you can’t edit our material or sell it separately. (We're licensed under Creative Commons, which provides the legal details.)