416 U.S. Banks in Trouble, Says FDIC

The number of U.S. banks in financial trouble surpassed 400 in the latest quarter, the highest amount in 15 years.
416 U.S. Banks in Trouble, Says FDIC
Federal Deposit Insurance Corporation Chairman Sheila Bair announces the bank and thrift industry earnings for the second quarter of 2009 on August 27, 2009 in Washington, DC. Chip Somodevilla/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/fdic-90111469-small.jpg" alt="Federal Deposit Insurance Corporation Chairman Sheila Bair announces the bank and thrift industry earnings for the second quarter of 2009 on August 27, 2009 in Washington, DC. (Chip Somodevilla/Getty Images)" title="Federal Deposit Insurance Corporation Chairman Sheila Bair announces the bank and thrift industry earnings for the second quarter of 2009 on August 27, 2009 in Washington, DC. (Chip Somodevilla/Getty Images)" width="320" class="size-medium wp-image-1826560"/></a>
Federal Deposit Insurance Corporation Chairman Sheila Bair announces the bank and thrift industry earnings for the second quarter of 2009 on August 27, 2009 in Washington, DC. (Chip Somodevilla/Getty Images)