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Politics : President Barack Obama
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To: tejek who wrote (25727)7/12/2008 5:06:42 PM
From: sylvester80  Read Replies (3) of 149317
 
In the S&L collapse of the 80s, 3,000 failed. So by that measure we are doing pretty good I would think.

"William Isaac, chairman of the F.D.I.C. in the early 1980s, cautioned against panic. Bank failures so far pale against the 3,000 bank failures in the 1980s, he said. "
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