Saturday, August 15, 2009

How's that stimulus working?

According to CNN: "It is now a rare Friday night that the agency does not seize the assets of a newly failed bank. And the number of banks judged as troubled has soared to 305 as of March 31, up from only 90 a year earlier. Those 305 problem banks on the FDIC's confidential list have combined assets of $220 billion."

1 comment:

Lux Mentis said...

It'll be better with the health care reforms that are coming.

Oh yeah, better. Much better.