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Economy

OnlinePoker

(5,716 posts) Wed Jan 23, 2019, 03:58 PM Jan 2019

2018 was the first year since 2006 with no U.S. Bank Failures

Before the housing/banking crisis of 2008, FDIC had an insurance fund of $52.4 Billion. This dropped to a low of -$20.86 Billion in 2009. It has since rebounded and now sits at $92.75 Billion (as of the 2017 Annual Report).

https://www.fdic.gov/bank/individual/failed/banklist.html

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2018 was the first year since 2006 with no U.S. Bank Failures (Original Post) OnlinePoker Jan 2019 OP

Interesting Farmer-Rick Jan 2019 #1

Farmer-Rick

(10,134 posts)

1. Interesting

Reply to OnlinePoker (Original post)

Wed Jan 23, 2019, 04:06 PM

Jan 2019

In 2006 there were no US bank failures and a year later we had the crash. Not cause and affect but interesting.

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