5 Things You Should Know If Your Bank FailsJohn SimonsSeptember 2, 2010September 9, 2010 by John SimonsSeptember 2, 2010September 9, 2010455 Through June of this year, 118 banks have failed—and have been taken over by the FDIC. At the current failure rate, more banks are expected...
The FDIC’s ‘Red’ MenaceJohn SimonsNovember 24, 2009June 28, 2011 by John SimonsNovember 24, 2009June 28, 2011596 A few hours ago, news came across the transom that the government insurance fund that protects consumer bank deposits “slipped into the red,†after some...
