Thursday, December 31, 2009

140

One hundred forty - The number of banks that failed in 2009. (see list)

That's almost triple the number of banks that failed in all the prior 8 years. Here's the breakdown since 2001:

(2010-2016 added March 2017)
2016 - 5
2015 - 8
2014 - 18
2013 - 24
2012 - 51
2011 - 92
2010 - 157

2009 - 140
2008 - 26
2007 - 3
2006 - 0
2005 - 0
2004 - 4
2003 - 3
2002 - 11
2001 - 4

The 140 total includes 16 banks that failed in December 2009. Is the recession really slowing down?

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