CalOkie Weekly Chart Update for 6/15 Bank Failures

 

by John Galt
June 18, 2012 22:30 ET

 

This is getting a little weird. In the dead of summer, suddenly there is a surge in FDIC bank related bank failures and a large number of them continue to be in the Southeastern U.S. despite the fact that Arizona, California, and Nevada were hit just as hard by the real estate collapse. The two charts are feature below illustrate the disparity this year versus the rest of the n ation.

 

Click on this link or go to the listing for Economic Charts to the right of the page to see the latest graphics from Cal’s FDIC coverage.

 

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