> >In 1930, 1,352 banks held more than $853 million in deposits; in 1931, one year later, 2,294 banks failed with nearly $1.7 billion in deposits > Does any of

> >In 1930, 1,352 banks held more than $853 million in deposits; in 1931, one year later, 2,294 banks failed with nearly $1.7 billion in deposits > Does any of this sound familiar? Why did you remove the "citation needed" part of that latter quote? There is no source for that claim, and you removed that piece of information. This [1] (with ample sources) claims there were over 24,000 banks at the start, 8000 in the Federal Reserve System, 16,000 not in. This [2] claims total losses from banks, over a wider period than your list (and including two sets of bank runs [1] and [3]), were $1.3B (again with decent sources). There's a reason things get tagged on Wikipedia as "citation needed". It's important not to delete those from a quote. [1] https://www.federalreservehistory.org/essays/banking-panics-1930-31 https://www.federalreservehistory.org/essays/banking-panics-... [2] https://www.fdic.gov/about/history/timeline/1930s.html https://www.fdic.gov/about/history/timeline/1930s.html [3] https://www.federalreservehistory.org/essays/banking-panics-1931-33 https://www.federalreservehistory.org/essays/banking-panics-...