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Posts Tagged ‘bank failure’

U.S. bank failures lag economic & stock market bottoms

U.S. bank failures lag economic & stock market bottoms

By Dan Hallett on August 24th, 2010

Several sources peg the total of U.S. bank failures at more than 9,000 during and after the Great Depression.  According to this source, about 70 banks annually failed during the 1920s but the pace soared after the famous stock market crash.  FDIC...

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