Bank Failures in Brief – 2023fdic.gov 23 pointspajtai3 years ago5 commentsSaveHideCopy link On HNComments−hbrav3yThis chart is much more interesting, since you can see the total assets involved this year are close to that of the 2008 crisis: https://www.fdic.gov/bank/historical/bank/index.html(Assuming I'm reading this correctly - please correct me if I'm misunderstanding the y-axis!)−camkego3yThe FDIC chose a chart design that can display up to 25 bank failures per month (See 2020 for examples of how the Y axis is used for failures).Of course, too much shouldn't be read into this, but it's interesting they chose such a chart rather than a table listing failures.−StringyBob3y24 in one month for July 2009!−nivertech3yThere were 140 bank failures in 2009 in total!https://www.fdic.gov/bank/historical/bank/bfb2009.html−orangepanda3yForward comparability?
Comments
This chart is much more interesting, since you can see the total assets involved this year are close to that of the 2008 crisis: https://www.fdic.gov/bank/historical/bank/index.html
(Assuming I'm reading this correctly - please correct me if I'm misunderstanding the y-axis!)
The FDIC chose a chart design that can display up to 25 bank failures per month (See 2020 for examples of how the Y axis is used for failures).
Of course, too much shouldn't be read into this, but it's interesting they chose such a chart rather than a table listing failures.
24 in one month for July 2009!
There were 140 bank failures in 2009 in total!
https://www.fdic.gov/bank/historical/bank/bfb2009.html
Forward comparability?