DanaGarrett's Clips
from Monday, July 14, 2008

Real Name:	Dana Garrett
Location:	Delaware, USA
Joined:	11-4-2006

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POPS More Banks Expected to Close

by DanaGarrett 7-14-2008

Yet another free market free fall. The last one was only 20 years ago: "The nation’s banks are in far less danger than they were in the late 1980s and early 1990s, when more than 1,000 federally insured institutions went under during the savings-and-loan crisis. The debacle, the greatest collapse of American financial institutions since the Depression, prompted a government bailout that cost taxpayers about $125 billion."