U.S. Saw 216 Bank Failures Since 2008

The years 2009 and 2010 will go down in history as two mammoth years of bank failures.
U.S. Saw 216 Bank Failures Since 2008
Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies before the Senate Homeland Security and Governmental Affairs Committee's Investigations Subcommittee on April 16, 2010. According to the FDIC, The years 2009 and 2010 will go down in history as two mammoth years of bank failures. Chip Somodevilla/Getty Images
|Updated:

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/bair98501098.jpg" alt="Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies before the Senate Homeland Security and Governmental Affairs Committee's Investigations Subcommittee on April 16, 2010. According to the FDIC, The years 2009 and 2010 will go down in history as two mammoth years of bank failures. (Chip Somodevilla/Getty Images)" title="Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies before the Senate Homeland Security and Governmental Affairs Committee's Investigations Subcommittee on April 16, 2010. According to the FDIC, The years 2009 and 2010 will go down in history as two mammoth years of bank failures. (Chip Somodevilla/Getty Images)" width="320" class="size-medium wp-image-1820606"/></a>
Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair testifies before the Senate Homeland Security and Governmental Affairs Committee's Investigations Subcommittee on April 16, 2010. According to the FDIC, The years 2009 and 2010 will go down in history as two mammoth years of bank failures. (Chip Somodevilla/Getty Images)
Heide B. Malhotra
Heide B. Malhotra
Author