CHESSNOID

So the latest news on bank closures by the FDIC was higher than most would expect.  7 bank closures this Friday is a lot.
Last week the YTD Bank Closures was 96 as of 7.16.2010
AP News:
WASHINGTON (AP) — U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down [...]