Nice animation, thanks to Michael Bommarito of Computational Legal Studies :
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Visualizing Bank Failures ( 2008-2009 ) from Michael J Bommarito II on Vimeo.
[...]Nice animation, thanks to Michael Bommarito of Computational Legal Studies :
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Visualizing Bank Failures ( 2008-2009 ) from Michael J Bommarito II on Vimeo.
[...]
Time for our regular bank failure update, courtesy of Ron Greiss at The Chart Store:
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Here is a graph of bank failures, by number of institutions and assets, from the December Congressional Oversight Panel’s Troubled Asset Relief Program report. (ht Catherine Rampell): Mark Gimein says that we shouldn't worry too much about the problem of too-big-to-fail, because the alternative to one big bank failing is lots of small banks failing:
What we've seen in virtually every crisis is that bank failures and other economic catastrophes are highly correlated, in large part because [...]