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
The long term effect of the Stock Market crash was followed by the Great Depression.
In USA, Veteran's Day is a federal holiday. All banks are closed.
Why? because of the Great Depression.
120 days
There were many devastating longer term effects of the stock market crash in 1929. The most memorable was the Great Depression which resulted in the majority of Americans being displaced from their homes due to lack of employment and an economical fallout.
Yes, it is a Federal Holiday and all banks are closed.
The Panic of 1873 closed the banks.
The Panic of 1873 closed the banks.
The long term effect of the Stock Market crash was followed by the Great Depression.
112
Many banks closed.
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 figures are for USA only
I am unsure of how many failed in just 1929, but throught out the 1930's over 9,000 banks failed.
Private banks will not get any type of government assistance. Most private banks are still closed on many federal holidays.
Yes, it is a Federal Holiday and all banks are closed.
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.
Many banks closed (apex)