Failed Banks

FDIC's failed bank list gives you a sense how tough 2008 has been for banks:

               # of Failed Banks
2008 (YTD)     9
2007           3
2006           0
2005           0
2004           4
2003           2
2002          12
2001           4

2008 is on track to be 2002. That's of course small comfort considering that 2002 followed a recession year.


[UPDATE] here's a better time-series chart from CR