Friday, August 21, 2009

Meredith Whitney: 300 Banks to Fail

by Calculated Risk on 8/21/2009 09:01:00 PM

From Bloomberg at Jackson Hole: (ht km4)

We are up to 81 bank failures this year, and 109 since the crisis started. With 391 banks on the unofficial problem bank list (and more to come), I think 300 is probably low. I'll take the over ...