Three more banks failed Friday evening, making the total number of failed banks this year here in the US right at 98.
So, any bets on 2 more going down next Friday evening so it comes to an even 100 (or more?).
I'm thinking it's a pretty sad, unfortunate, expensive, unnecessary inevitability.
I hope not but I'd bet on it.
And I try to only bet on "sure things".
But the real question is, where is the bottom? At what point will the bank failures stop?
And no one can even begin to guess at that answer.
Link: http://www.propublica.org/ion/bailout/item/bank-failures-at-98-ytd
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