Buy a Toaster, Get a Bank

I saw this on Russ Daggatt’s blog and I had to send it around — how appropriate for the times we are in……. Last Friday, Federal regulators shut down banks in Georgia, Colorado and Kansas, marking 20 failures of federally insured banks this year. More are expected to succumb to the prolonged recession.

For those interested in a scorecard of failed banks, this is some interesting reading — a page at the FDIC web site offered this list of banks which have failed since October 1, 2000: