What if $2 trillion dollars of corporate, brokerage and fund money began to migrate back to Main Street using the full 7,800+ population of banks instead of hyper-concentrating in under 100 too big to fail institutions?

How should banks manage their susceptibility and vulnerability to new classes of risk? How should insurers and markets price the risk-reward nature of such exposures?

The fatal combination of being on the outs with Wall Street and the atrophy of the size of the business proved insurmountable and culminated in today's failure.

The FDIC closed two banks last Friday. Covenant Bank & Trust in Rock Spring, Georgia and Premier Bank in Wilmette, Illinois succumbed to long-time stresses.

The FDIC closed the second bank of 2012 to fail with no acquirer today. South Michigan Avenue became the focus of Friday evening activities to shutter the $71 million institution.

The FDIC closed another bank in Georgia this week bringing the total to three so far in 2012. Global Commerce Bank in Doraville became the latest casualty of the bank clean up's march through the South.

It doesn't happen very often, but this week one of the two banks closed by the FDIC failed to find a buyer. Such failures have been rare events to date as the regulator resolves troubled institutions.

Simply put, with zero interest rates pushing operating margins down to nothing, the only thing starving bankers have left to do to survive the drought is cannibalize the industry.

The general pattern of the FDIC closing banks with weak operating characteristics and deepening asset quality troubles continues. The FDIC shuttered four additional banks today bringing the 2012 count to seven.

The FDIC closed it's first banks of 2012 today. A total of three insitutions were shuttered by the regulator.

It's not like the United States doesn't have wealth. It's what we've done with all this money that's gotten us to the edge of a zombie apocalypse.

I've been staring at the summary statistics for the industry today and file the following observations for those of you entertained by how this is all playing out.

The U.S. economy's deposits, assets and risk instruments remain concentrated in a very small number of large institutions. What if one of them, just one of them, collapsed?

Come April Fool's Day, the free ride is over. The "base assessment amount" changes to a new formula. From now on it's the bank's total assets minus its tangible common equity (TCE) that determines the base amount.

In the wake of Institutional Risk Analytics' comment last week about the lack of ideas inside the Obama Administration for resolving the economic mess...

The foreclosure crisis is slowly killing the nation's economy, and the government has no idea what to do, analyst Christopher Whalen said on Bloomberg...

Professor Nouriel Roubini believes home prices will fall another 10% and that there is now a 40% chance that the economy will fall back into recession over the next 12 months.

As bank reform continues to grind through Congress something sorely lacking so far is concentration on safely managing down "points of risk" from Too Big Too Fail business models.

Whether it's a social statement or a cold calculation, businesses and non-profit organizations face unique challenges when contemplating moving their money.