This week I ran into an article on CNNMoney.com that talks about how one in every 11 banks is at risk of failing. There are over 700 banks on the FDIC watch list today! That’s the highest number since 1993!! The number has been growing since the recession started. As the article states, the list was at only 76 in 2007.
For a complete copy of the article, and also to hear FDIC Chairman Sheila Blair speak on why more banks will fail in 2010 Click Here.
Now is the time to provide your clients with safe and insured assets.
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