4 ms·
I noticed it only seems to go back to around the year 2000. So it seems like there are probably very many missing. Also Florida banks have a fairly large amount
by pseudoramble 4y ago
I noticed it only seems to go back to around the year 2000. So it seems like there are probably very many missing. Also Florida banks have a fairly large amount of this list. I wonder why.
Anyway, kinda neat. It would be interesting if they included a summary of what the expected cause of the failures were too.
- Rebelgecko 4y agoMy guess is that the vast majority of these banks failed due to mortgage backed securities crapping out around 2008-2010
- deleted 4y ago[deleted]
- cmeacham98 4y agoEdit: oops, misread Wikipedia, ignore this comment.
- elsewhen 4y agoThe FDIC website states that the organization was established in 1933[0] [0] https://www.fdic.gov/about/history/ https://www.fdic.gov/about/history/
- pseudoramble 4y agoI’m not sure what the original comment was, but yeah this is related to what I was thinking of. I didn’t notice the first time the site says data only goes back to 2000, and figured there would’ve been some data from the Great Depression.