Bank Failures Actually Far Fewer Than Predicted For 2008

JAN 2, 2009 3:31pm ET

WASHINGTON-When 2008 made its debut some were predicting that as many as several hundred banks would fail and would be taken over by regulators. Yet while the year saw the collapse of Washington Mutual as well as the largest bank failure in history, that of IndyMac Bank, only 25 banks...

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