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The last bank that was taken over by the FDIC was Almena State Bank in 2020 that had 65 million in assets. This does not play out regularly.
by wil421 4y ago
The last bank that was taken over by the FDIC was Almena State Bank in 2020 that had 65 million in assets. This does not play out regularly.
- xboxnolifes 4y agoThen again the year prior, and again 2 years prior, and again every year back for over a decade. 500 times over a decade is not a rare occurrence.
- wil421 4y agoI will fact check your baseless claim. Since 2013 there have been 71 banks fail according to the FDIC's bank failures in brief Infograph. Those 71 banks had assets totaling 23,399.20 million (or 23 billion). SVB had asses totaling 209,000 million (209 billion).[1] Where are the 500 banks again and again every year over the last decade? [1]https://www.fdic.gov/bank/historical/bank/ https://www.fdic.gov/bank/historical/bank/
- xboxnolifes 4y agoI didn't say this decade. 2009-2019. No need to add the innocent "where are these 500 banks", they are literally in your source.