WASHINGTON (Reuters) - Chances of a big bank failure are remote but regulators are hoping for the best and preparing for the worst to deal with a strong industry hit hard by credit problems, a top U.S. regulator said on Tuesday. (Read Article)
It's scary isn't it? Thinking of the U.S. banking system is like thinking about Christmas canceled... Right now though, the simple fact that regulators are even considering the possibility is a worrisome situation. Right now, FDIC bank failure is a disaterous thought.
During the dot.bomb era, even when markets were falling through the floor, a banking c ...