Relevant:
- FDIC: $19 billion now backs over $4.8 trillion
- 2010 Bank Failures Add Up To Nearly $17B FDIC Hit
- Former Bank Regulator William Black: U.S. Using "Rally Stupid Strategy" to Hide Bank Losses - Will Produce Japanese Style Lost Decade
- FDIC wants AmTrust's former parent company to pay $518 million for bank's failure
- Is the White House pushing bank failures onto the next administration's plate?
2010-07-26 — bankimplode.com
``The ink was barely dry on our last post with the full tally, when another 7 bit the dust, pushing the total expected FDIC expense almost another half billion, breaching the $17B level. Also, the individual failures have exceeded 100, now reaching 103.''
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