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Close Topic OptionsThe Risk Didn't Pay - Bank Closures on the Rise
The Risk Didn' T Pay Bank Closures Rise - Politics, Business, Civil, History - Posted: 9th Aug, 2010 - 4:22am
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Post Date: 9th Aug, 2010 - 4:22am / Post ID: #
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The Risk Didn't Pay - Bank Closures on the Rise
The Risk Didn't Pay - Bank Closures on the Rise
Real Estate News From CoStar Group
Bank closures for 2010 reached the 103 mark as of July 23rd, and are on pace to exceed the 140 closures that occurred in 2009. It is expected the number of failed banks will peak this year; however, the total is likely to be the highest since the height of the Savings and Loan Crisis in 1992. Comparing these numbers to the 25 closures in 2008 (the year the financial crisis took hold), and the measly 3 shut downs in 2007; these recent figures are significant.
Source: Real-Estate:Foreclosures Articles from EzineArticles.com
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TOPIC: The Risk Didn't Pay - Bank Closures on the Rise