FDIC playing dangerous game of kick the can with problem banks, critic says
The FDIC labels more than 700 U.S. banks as 'problems'. Nearly 10% could fail. Meanwhile, one analysts claims regulators are hoping the economic turnaround will bail out the bad banks. It better.
No less than 9% of the nation's banks are in trouble and may fail, according to Federal Deposit Insurance Corp.
The FDIC doesn't disclose which banks are most at risk, but based on data from it and other regulators, at least six are in New York City or its suburbs.
The deluge of what the FDIC
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