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: Calculated Risk

BFF and Market

By Anonymous

Some stats: There have been 37 FDIC bank failures in 2009 (about 1.6 per week).

Click on graph for larger image in new window.

This graph shows the bank failures per week through the first 23 weeks of 2009.

There have been six weeks with no failures, and two weeks with four failures.

Note: Corus Bankshares Inc. faces a June 18th deadline imposed by bank regulators to raise capital or find a buyer. I wouldn't be surprised if Corus is seized next week.

The second graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears".

Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.

Full post as published by Calculated Risk on June 12, 2009 (boomark / email).