FailedBanks

Banks are still unhealthy. If anyone doubted that, it was made official when The New York Times and other news outlets began reporting early this week that the Federal Deposit Insurance Corporation had announced that 450 banks had been added to the list of troubled financial institutions. Just why...

Could your bank fail? There's still a chance, but if you study the numbers, the odds are still highly in your favor that your financial institution will be sticking around. Earlier this week, the Federal Deposit Insurance Corp. came out with its third-quarter report, stating that the number of...

More than 100 banks have failed this year, and even the government acknowledges that many more will probably fold before 2009 draws to a close. In most cases, ordinary citizens who have accounts are protected by FDIC insurance. Yes, there's certainly a hassle involved, especially if you have bills...

Almost every Friday this year, usually in the evening, a grim announcement is released to the public: Another bank has failed. Sure enough, Friday came and went, and with it, came the announcement that another bank had failed. Actually, not just one bank had failed -- but nine. That's the most...

Late last week, just before the long Fourth of July weekend, seven more banks closed, bringing this year's total of failed banks to 52. And if you're the sort of person who lies awake night thinking about these things, or if your money was with one of these failed banks, you may have questions.So I...