Bank Failures, 2009 Edition: Three and Counting [View article]
The reason more banks have not been closed is simply that the FDIC is overwhelmed. There are more than 30 banks with negative capital ratios, not to mentioned hundreds critically undercapitalized. Quick list- OneUnited Omni National Home Federal Harbor Bank of Maryland Texas National Bank Atlantic
Bank Failures, 2009 Edition: Three and Counting [View article]
OneUnited
Omni National
Home Federal
Harbor Bank of Maryland
Texas National
Bank Atlantic