Take a look.
What you are not seeing is insurance company failures. The are regulated by the states and are not reported. But they are being liquidated.
Sorry, OT here, but now being reported in England that Michale Nazirali, Bishop of Rochester, is stepping down. As he’s just 59, what does he have in mind? He was the only C of E diocesan bishop to go to Gafcon & he boycotted Lambeth.
[blockquote]Omni had assets of $956 million and total deposits of $796.8 million as of March 9.[/blockquote]
If the assets were more than the deposits why were they shut down? Or were many of those assets foreclosed properties and thus not liquid enough to handle day to day withdrawals?