It's a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday -- hitting 106 by the end of the day -- the most in nearly two decades.
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Bank failures hit 106 for year; many more are weak (AP)
Posted by bummed 139 days ago (http://us.rd.yahoo.com)Public scrutiny blunted bank stress tests (AP)
Posted by bummed 310 days ago (http://us.rd.yahoo.com)
WASHINGTON -- Treasury Secretary Timothy Geithner said in February that putting the biggest U.S. banks through "stress tests" was vital to getting the financial system back on solid ground.
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Top bank regulator placed on leave pending review (AP)
Posted by bummed 350 days ago (http://us.rd.yahoo.com)
A top bank regulator has been placed on leave pending a Treasury Department investigation into regulators' approval of backdated cash infusions for troubled thrifts.
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