You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

157 Banks Failed in 2010, Most Since 1992

HeadlineDec 29, 2010

The Federal Deposit Insurance Corporation has announced that 157 banks failed this year, the highest total since 1992, during the savings-and-loan crisis. About half of the the bank failures involved banks headquartered in four states: California, Florida, Georgia and Illinois.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top