5 More Bank Failures - Does Anybody Care Anymore?

I think we are pretty lucky most people don't know about a list of banks sitting on the fence waiting to fall either way.  I think there are hundreds more tickering on the verge of closure....  In my area of Washington I am aware of 2 seperate ones trying to raise capital....  It is scary..

What is more disturbing is that when a bank fails, the Fed typically turns it over to a bank that is already way too big.  The larger the bank, the bigger the risk, should it fail.  It's time to break up the big banks.

It's become unfortunately a way of life in America it seems --too sad.

We have become desensitized to it because it is so common. It should be news. Not Lindsay Lohan.

Stewart,

 You are right on again with the question. Where is the concern, hell where is the outrage?

 How far back do we have to go to find the real problem or the origins of the real problem I wonder? Personally I feel  there is a banking parallel to the way we sold out the American worker. When banks marry whatever foreign investor, or package loans and desert the local economy what can we expect but to be eventually sold out to power brokers that have no regard whatsoever for the man on the street. This is a huge can of worms to open but I argue that Wall Street has not done many of us any favors in view of the BIG PICTURE we are seeing now.

Yes anyone can argue that people made a big mess over extending themselves. Who approved the loans and where were the federal regulators? Sadly people need some governing.

Great post as always.