The New Bullish Market: Bank Failures
It seems like we just got bombarded with a bunch of bad news at the end of the 2nd quarter, which leaves some questions up in the air for the third; however, I think I may have found one sector that has stayed on the climb throughout 2009, BANK FAILURES.
Just take a look at this great chart I found (compliments of Calculated Risk).
You can obviously see the massive spike over the last week. If you are still interested in more check out Bank Failures: By The Numbers.
More on this topic
(What's this?)
How the Volcker Rule Misses the Shadow Banking System
(naked capitalism, 2/6/10)
Banks that won’t break the bank
(Real Wealth - Global Wealth Report, 3/2/09)
Debt Wars: The Bankers Strike Back!
(Red Hot Energy and Gold - Global..., 2/3/10)
