5 Largest Banks Closed by the FDIC in 2008
A recent study lists the banks closed by the Federal Deposit Insurance Corporation in 2008
Posted March 17, 2009
- Washington Mutual — $307 billion estimated assets as of closing date
- IndyMac Bank — $32 billion estimated assets as of closing
- Downey Savings and Loan — $12.8 billion estimated assets
- Franklin Bank, SSB — $5.1 billion
- First National Bank of Nevada — $3.4 billion
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Source: FDIC
Reader Comments
The FDIC does not close banks
It never has. Regulators close banks. Whoever wrote this is unquestionably a moron.
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