This is Argyn's blog. I comment on topics of my interests such as software, math, finance, and music. Also, I write about local events in Northern Virginia, USA and all things related to Kazakhstan

Monday, August 17, 2009

Update to my bank closing prediction

To remind: I predicted on 25 Sep 2008 that there'll be at least 100 banks closed within one year. It's almost 11 months passed and, according to FDIC, we're almost there: 93 banks closed according to FDIC. So, we're on track! :( Obviously, FDIC's list is not complete, because they facilitated several failed bank acquisitions, still...

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