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Friday, June 12, 2009

BFF and Market

by Calculated Risk on 6/12/2009 04:00:00 PM

Some stats: There have been 37 FDIC bank failures in 2009 (about 1.6 per week).

BFF Click on graph for larger image in new window.

This graph shows the bank failures per week through the first 23 weeks of 2009.

There have been six weeks with no failures, and two weeks with four failures.

Note: Corus Bankshares Inc. faces a June 18th deadline imposed by bank regulators to raise capital or find a buyer. I wouldn't be surprised if Corus is seized next week.

Stock Market Crashes The second graph is from Doug Short of (financial planner): "Four Bad Bears".

Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.