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Litigation

: Structured Settlements 4Real

The "Repression" Scoreboard

By John Darer

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5 more banks were shut down Friday July 31, 2009

Just an observation...



As of August 1, 2009

Number of Bank Failures in 2009  69

Number of Structured Annuity Issuers Who Have Failed in 2009   Zero

Number of Bank Failures in 2008  25

Number of Structured Annuity Issuers Who Have Failed in 2008   Zero

Number of Bank Failures in 2007   3

Number of Structured Annuity Issuers Who Have Failed in 2007   Zero



Past performance is no guarantee of future results.

For the purpose of this observation "failure" is defined as shut down by the FDIC in the case of banks and by state insurance department in the case of structured annuity issuers.





Full post as published by Structured Settlements 4Real on August 01, 2009 (boomark / email).

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