After an almost 6 month hiatus, we have the 3rd bank failure of the year, First City Bank of Florida, of Fort Walton Beach FL.
I'm not sure if it means anything, except the obvious that the economy is beginning to hit the banks.
It may be the first of a few, or the first of a tsunami. No clue as to which one.
By way of context here is the Full FDIC list going back a number of years.
Still not at a number where graphing makes sense though.
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A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.
In my spare time (Hah!), I am the developer of the Firefox addon, bbCode for Web Extensions (bbCodeWebEx).
I have two cats, a black cat, and a gray and white long hair cat, who keep me on my toes. (Because he keeps attacking my feet)
I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.
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