Economic Charts

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Sunday, January 9, 2011

Weekly Bank Failures

We are starting fresh for the year of 2011 with a total banks failed year to date to 2.  2009 brought us 140 bank failures and 2010 brought us 159 bank failure.  This week only 2 banks failed; Legacy Bank in Scottsdale AZ and First Commercial Bank of Florida.  CalculatedRisks "Unofficial Problem Bank List" has been brought to 932 institutions with assets of  $410 billion dollars (see link).

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