BUSINESS
03/18/2010 05:12 am ET Updated May 25, 2011

Small Banks Failing As Big Banks Grow Stronger

A year after Washington rescued the banks considered too big to fail, the ones deemed too small to save are approaching a grim milestone: the 100th bank failure of 2009.

In what has become a ritual, the Federal Deposit Insurance Corporation has swooped down on a handful of troubled lenders almost every Friday, seizing 98 since January alone and putting their assets into the hands of another bank.

Read more on nytimes.com