In the second quarter, 117 FDIC-insured institutions were on the list. Now, at 171, the number of institutions on the FDIC's "problem list" is at its highest level since late 1995.
"We've had profound problems in our financial markets that are taking a rising toll on the real economy," said FDIC Chairman Sheila Bair in a statement, adding that Tuesday's report "reflects these challenges."
Total assets held by troubled institutions climbed from $78.3 billion to $115.6 billion — a figure that suggests that the nation's top 20 banks aren't on the list, even though they are getting slammed, too, by the growing credit crisis. The FDIC does not reveal the institutions it deems troubled.
TVNL Comment: So we are to believe that every bank in the country made the same mistakes? We are falling for the second biggest scam in US history, the first being the incarnation of the Federal Reserve.
You hear about them every year: gee-whiz, plug-in, battery-powered vehicles poised to change the world. Granted, they’re tiny, or expensive, or both. And if they ever make it to the United States, they’ll be downgraded from electric vehicles (EVs) to neighborhood electric vehicles (NEVs)—glorified golf carts with a top speed of 25 mph. But overseas, where getting gouged at the pump is a fact of life, EVs are a growth market. 
President George W. Bush's Labor Department misled Congress in an effort to prove outsourcing jobs to private companies was more efficient than assigning the jobs to government employees, according to a Government Accountability Office report released Monday.
