Broken Banks, Durable Delusions

by Chidem Kurdas Some 829 commercial banks are at risk of failure, according to the Federal Deposit Insurance Corp.  This year 118 banks already failed and were taken over by the FDIC. At this rate, more banks will fail in 2010 than in 2009. If bank regulators were a commercial bank, they too would have … Continue reading Broken Banks, Durable Delusions