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.

FDIC: 1/10 of US Banks in Trouble

HeadlineMay 24, 2010

In other financial news, a total of 775 banks, or one-tenth of all US banks, are now on the Federal Deposit Insurance Corp.’s list of “problem” institutions. The number of banks in trouble has jumped by 500 since 2008. Regulators have closed seventy-three banks so far this year.

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