Troubled banks rise to highest level in 18 years

  • Posted by a hidden member.
    Log in to view his profile

    Feb 24, 2011 2:55 PM GMT
    Not only did the bank bailouts not work... the interventions made things worse:

    http://finance.yahoo.com/news/Troubled-banks-rise-to-apf-259097417.html

    The number of banks at risk of failing made up nearly 12 percent of all federally insured banks in the final three months of 2010, the highest level in 18 years.
  • rnch

    Posts: 11524

    Feb 24, 2011 3:18 PM GMT
    since when is yahoo a creditable, reliable news source?
  • Posted by a hidden member.
    Log in to view his profile

    Feb 24, 2011 3:26 PM GMT
    rnch saidsince when is yahoo a creditable, reliable news source?


    It's not. But that's not who Yahoo syndicated the news from - it was syndicated from the AP.
  • rnch

    Posts: 11524

    Feb 24, 2011 3:30 PM GMT
    then why didn't you post the AP link to begin with?
  • Posted by a hidden member.
    Log in to view his profile

    Feb 24, 2011 3:41 PM GMT
    rnch saidthen why didn't you post the AP link to begin with?

    Because it was seen on Yahoo and there is no associated AP link. The AP note is on the article itself where Yahoo syndicated the content from.
  • rnch

    Posts: 11524

    Feb 24, 2011 3:52 PM GMT
    thanks for clearing that up.