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Despite the regulation that protect banks from failure, some do fail. Go to www2.gov/hsob/. Select the tab labeled "bank and Thrift Failures.

Despite the regulation that protect banks from failure, some do fail. Go to www2.fdic.gov/hsob/. Select the tab labeled “bank and Thrift Failures.” How many bank failures occurred in the US during the most recent complete calendar year? What were the total assets held by the banks that failed? How many banks failed in 1937?

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Solution
Despite of the regulations imposed by the government, around 92 banks were failed in US in
the calendar year 2011.
Total Assets held by these banks were $ 34,922,997. Following banks were...

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