[quote=davelj]My guesstimate is that we’ll see two more years of extremely elevated failure figures before they decline to drips and drabs. Painful but necessary.[/quote]
Do you see any opportunities for investors, with the right pedigree, to possibly purchase some of these local banks that are going under?
Reason for the question, I have had some discussions with friends, regarding buying a bank. I understand that the group has to include members who are experienced in banking and have the requisite certifications and background, in order to secure the charter.