A large number of banks have closed/gone bankrupt since 2008. the figures are as follows:
1. 2008 - 25 banks
2. 2009 - 140 banks
3. 2010 - 157 banks
4. 2011 - 3 banks
All these numbers are for USA only.
A large number of banks have closed/gone bankrupt since 2008. the figures are as follows: 1. 2008 - 25 banks 2. 2009 - 140 banks 3. 2010 - 157 banks 4. 2011 - 3 banks All these numbers are for USA only.
business failed 2008-2010
mortage crisis
The greatest number of bank closures in the United States occurred in 2010, during the aftermath of the financial crisis that began in 2007-2008. That year, 157 banks failed, driven by high levels of loan defaults and a weakened economy. This wave of closures was part of a broader trend that saw many financial institutions struggle to survive during and after the recession.
There were many contributing factors to 2008's recession. The main factors were; AIG, poor lending from big banks, and false real estate inflation. Fidelity played only a small part.
A large number of banks have closed/gone bankrupt since 2008. the figures are as follows: 1. 2008 - 25 banks 2. 2009 - 140 banks 3. 2010 - 157 banks 4. 2011 - 3 banks All figures are from the United States of America and the banks that were closed in USA.
"I am not sure, but i think sallie may, and bank of america were a part of the big banks which were bailed out in the 2008 year, but i am not positive."
The Recession was created on 2008-09-02.
As of September 11, 92 banks have been closed in 2009 and 25 in 2008.Since 2008 there are 117 bank fails happened in US.Track the bank failures at : http://portalseven.com/Failed-Banks-2009
Yes there is a recession in Ireland. The down turn was announced in mid 2008.
The cast of Recession Heaven - 2008 includes: Ray Ellin as Dead Ben Jonathan Sollis as St. Peter
The Recession of 2008 was caused by an aggregate demand (AD) shock.