81 banks have failed so far this year and the prediction is many more to come.

Many of these banks that will fail will be smaller banks, which hinders the growth of the small business market and according to John Kanas whose private equity firm purchased BankUnited, at least 1000 banks will fail over the next two years

monopoly

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Published in: on August 28, 2009 at 5:22 am  Leave a Comment  
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