Jul 03, 2009

Seven more banks have been siezed by regulators on July 2.

http://money.aol.com/article/regulators-seize-7-more-failed-banks/554629

This brings the total to 52 banks that have failed this year, compared to just 25 last year. The FDIC is on the hook for another $314.2 million. Hmm, that's the rounded off number for pi (3.14159).