Approximately 12,000.
Source : http://www.econreview.com/events/banks1929b.htm
How many bank failed during Saving and Loan Crisis?
U.S. bank failures have not reached the 100 mark since 1992 during the savings and loan crisis when 181 institutions were closed. In 1989, during the height of the savings and loan crisis, 534 banks failed.
Approximately 534
Source : http://www.newsdaily.com/stories/tre59g0ha-us-financial-banks-failures/
How many bank failed in 2008 Financial Crisis ?
Through Oct 2009 : Approximately 99
Do you believe the number of banks closure will hit
A. 100 - 150
B. 151 - 200
C. 201 - 300
D. 301 - 500
E. 501 - 1,000
Leave your answer in the comment area. Thank you.
P.S. Do you know why not many banks failed in 1938 when it was a double-dipped recession?
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