Economic Charts

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Sunday, December 12, 2010

Weekly Bank Failures

This week we lost 2 more banks bringing the 2010 total to 152 banks failed.  This week we lost Paramount Bank in Farmington Hills, MI and Earthstar Bank in Southampton, PA.  I guess the positive sign is that the failures have slowed down in the past few weeks, but we have seen this before, so we need more weeks of zero or slowing failures to establish a trend.

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