Ninety-two banks failed in 2011, well below the previous two years' totals. The list of what regulators call "problem banks" is shrinking, according to the Wall St Journal. And the latest two bank failures were the first in nearly a month—the longest failure-free period in almost three years.
So is the era of troubled banks over? Don't bet on it.
Although the numbers are improving—140 banks failed in 2009 and 157 failed in 2010—an analysis by The Wall Street Journal suggests that failures are down, at least in part, because troubled banks aren't failing as quickly. Weak banks are staying alive for longer periods….
Find out more at http://online.wsj.com/article/SB10001424052970203686204577116482880773196.html?mod=WSJ_hp_LEFTWhatsNewsCollection
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