FDIC Problem Bank List Grows to 171 Banks – a 47% Increase
December 11, 2008
The FDIC released its quarterly report and disclosed that the number of banks on their troubled bank list grew to 171, up from 117 in the second quarter. This represents a 47% increase, and the highest level since 1995.
The report can be found here:
http://www2.fdic.gov/qbp/2008sep/qbp.pdf