Some banks, using credit-default swaps, are more hedged than others against the possibility of a debt cascade in Europe.
cascadeDealBook: U.S. Banks Tally Their Exposure to Europe's Debt Maels...NYT > Business Sun, 01/29/2012 - 20:54
Federal regulators close small banks in 4 statesTopix - Business News Sat, 11/07/2009 - 05:13
Regulators on Friday shut small banks in Georgia, Michigan, Minnesota and Missouri, bringing the number of bank failures this year to 119 amid the struggling economy and a cascade of defaults on loans. Banks in Ga., Mich., Minn., Mo., Calif. closedNewsvine - business Fri, 11/06/2009 - 21:11
Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. Bank failures top 100, only part of industry woesNewsvine - business Fri, 10/23/2009 - 15:11
The cascade of bank failures this year surpassed 100 on Friday, the most in nearly two decades. And the trouble in the banking system from bad loans and the recession goes even deeper than the number suggests. |
