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2008 also had IndyMac and Wachovia[1] and a whole lot of regional banks, which were not small either. [1] which technically didn't fail but had its retail bank
by Asparagirl 4y ago
2008 also had IndyMac and Wachovia[1] and a whole lot of regional banks, which were not small either.
[1] which technically didn't fail but had its retail banking operations forcibly absorbed by Citigroup in an overnight shotgun wedding officiated by the FDIC, but hey who's counting
- pclmulqdq 4y agoYou can also add Bear Stearns to that list. Another "rescue" merger of a large-cap bank.