U.S. Bank failures for 2009 have passed the 100 mark, with 106 counted banks having fallen by market's close on October 23, the largest number since 181 collapsed in 1992 during the savings-and-loan crisis. The pace of the failures has been slowed, however, with 24 seizures in July, 11 in September and 11 in October, as regulators are being selective and electing to immediately close those institutions that pose an immediate danger to customers or the immediate financial system, while other banks flagged for risk of failure are left operational and thus possibly able to prevent their own closure.
The Wall Street Journal has created an interactive Google map and corresponding data chart detailing each of the bank closures since 2008. The map is interactive, allowing you to adjust the time period represented and illustrates the size of the bank's assets at the time of failure with scaled circles.
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