Friday, September 12, 2008

FAIL!!!!

An unofficial troubled bank list similar to what the FED generates but is not public has been posted by the fine folks over at the Bank Implode-O-Meter

http://bankimplode.com/list/troubledbanks.htm

Here is the Data in graph form, based on the tables generated by Bank Implode-O-Meter. Note that there are 3 categories on the chart

Banks In Red: Banks with a Texas Ratio of 100 or greater

Banks In Yellow: Banks with a Texas Ratio between 80-100

Banks In Green: Banks with a Texas Ration less then 80.

Note that Bank Implode-O-Meter used the Level 1 Equity ratio as a measure of distress and that there is minimal difference between the 2 measures in terms of this simple chart.

What is the Texas Ratio?



Click on image to enlarge



Thursday, September 11, 2008

Wednesday, September 10, 2008