28 November 2010

It's Bank Failure Friday!!!! (2 days late)

No bank failures this week, so the number of FDIC insured institutions remains at 149 (Full FDIC list here), and the number of closed credit unions remains at 15 (Full NCUA list here).


So, here is the graph pr0n with trendline (FDIC only):



I would note that are now at the point where the utility of the least squares trendline is diminishing, I don't see the total number of closed banks getting anywhere near the 174 predicted by the line, though I do think that the final number will be north of 150.

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