Multiple choice

The number of US bank failures in 2009 reached -106 recently. Which is the largest bank failure in the US in recent times (2007-2009)?

  1. Partners Bank

  2. American United Bank

  3. Washington Mutual

  4. Hillcrest Bank Florida
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The largest bank failure in the current crisis was Washington Mutual, which had assets of $307 billion when it was shut down in September 2008.

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