140 banks failed in 2009, twenty-five banks failed in 2008, the year the financial crisis struck with force, and only three succumbed in 2007.
SHOOT: By this time last year 36 banks folded in the US. Compare that to 78 this year, it's more than double. Still think this is a recovery?
The number of bank failures is expected to peak this year and to be slightly higher than the 140 that fell in 2009.