dixie

Spotting Banks In Danger

Just who are these bank analysts that say 150 out of 7,500 banks will fail within 18 months? That's 2% . . . yawn. Do these represent the largest 2%, smallest 2%? Such figures are merely meaningless guesses.

If one assumes that these statistics may be somewhat correct, then it should not require much diligence to spot the 98% "safe" banks. Even using a dart board to separate the loosers from the pack, I would be correct 98% of the time.