Bank Failures Hit 14
February 07, 2011 at 13:52 PM EST
Bank failures continue unabated as the U.S. regulators closed down three more banks last Friday. Out of the three failed banks, two were based in Georgia and one in Illinois. This brings the number of U.S. bank failures to 14 so far in 2011, preceded by 157 in 2010, 140 in 2009 and 25 in [...]