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US bank failures top 100 for year  The number of US bank failures this year has topped more than 100 after federal regulators shut down a trio of small Florida banks Antigua & Barbuda seizes Stanford banks  Antiguan and Barbudan regulators took control of U.S.financier financial institutions on the twin-island nation   Obama predicts more bank failures
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Bad Economic News Main Event: Dubai debt woe...
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B. 2014-02-28 Bitcoin exchange files for bankruptcy Tokyo
2. 2010-09-30 Ireland bank bailout could cost $46 billion Ireland
2009-11-27 Dubai debt woes 'a drama, but no crisis' Dubai
E. 2009-11-01 CIT Group files for US bankruptcy New York
5. 2009-10-23 US bank failures top 100 for year USA
G. 2009-02-21 Antigua & Barbuda seizes Stanford banks Antigua & Barbuda
7. 2009-02-02 Obama predicts more bank failures Washington
I. 2009-01-03 Austria takes over bank hit by Madoff Austria
J. 2008-10-21 Kaupthing Bank fails to pay interest Iceland

CIT Group files for US bankruptcy
Bitcoin exchange files for bankruptcy  The MtGox bitcoin exchange has filed for bankruptcy protection, only days after MtGox went offline Ireland bank bailout could cost $46 billion  The central bank announced additional capital injections for Anglo Irish Bank and other institutions Dubai debt woes 'a drama, but no crisis'


year 2014 Top ^

Feb.28   Tokyo


year 2010 Top ^

Sep.30   Ireland


year 2009 Top ^

Nov.27   Dubai
  Market experts say the debt revelations will not lead the global economy back into recession, but have seriously damaged the Emirate's standing
Nov.1   New York
  The lender has filed for bankruptcy protection, after a debt-exchange offer to bondholders failed. The reorganisation plan will reduce debt by $10bn
Oct.23   USA
Feb.21   Antigua & Barbuda
Feb.2   Washington
  US President has warned that more US banks are likely to fail, as the full extent of their losses in the economic crisis becomes clear
Jan.3   Austria   Austria takes over bank hit by Madoff  The Austrian government has taken control of Bank Medici, a private bank with significant exposure to the alleged fraud by Bernard Madoff

year 2008 Top ^

Oct.21   Iceland Kaupthing Bank fails to pay interest  Iceland's Kaupthing Bank fails to pay interest to its 50-billion-yen ($493 million) bondholders in Japan Oct.4   Germany Another top European bank falters
  Germany's 2nd-largest mortgage lender, Hypo Real Estate, is teetering on the brink of collapse after a banking consortium withdrew from talks.    Hypo Real Estate has suffered from the credit squeeze in international markets. A consortium of German financi...
Sep.14   New York Lehman Bros files for bankruptcy
  The 4th-largest investment bank in the US will file for bankruptcy protection, amid a growing global financial crisis
 The move dealed a further blow to the global financial system. It was a primary dealer in the U.S. Treasury securities market. The filing marked the largest bankruptcy in U.S. history


year 2005 Top ^

Apr.10   England MG Rover gets 6.5m loan lifeline
  The government has offered a loan to prevent redundancies being made at car manufacturer

year 2002 Top ^

Nov.14   Argentina Argentina faces fresh default  Deadline looms for the repayment of $800m of World Bank debt after already being granted a 30-day grace period



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