CalculatedRisk Blog updated its unofficial estimate of at-risk banks this weekend to 575, a bad omen going into 2010. The final tally of banks closed by the FDIC in 2009 hit 139, one of the worse years in all time. Banks currently have a lot of toxic debt on their books, which is going to continue to weigh them down this year.
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Today's Top Topics
Number of Troubled Banks Grows
- California 2014 High Speed Rail Business Plan Is Off Track (3/6)
- The Intentionally Unrealistic FY2015 Budget (3/4)
- Shallal's Top-Down Plan for D.C. Schools Hurts Parent Choice (3/3)
- Richmond CARES? (3/2)
- Government Could Improve the Development of Vehicle to Vehicle Communication by Getting Out of the Way (2/27)