FDIC Bank Failure Charts Update through 11.11.11

By John Galt
November 14, 2011 – 18:35 ET

The date that freaked everyone out, 11/11/11, did not freak out the FDIC bureaucrats because they were off that day. But on November 10th they closed one more bank for good measure. The graphic below illustrates the banks shut down over the last two weeks:

(click to enlarge/reduce)

statsnov11

To see the remaining charts, click on the CalOkie FDIC update link to the right under the economic data page listing.

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