146 Banks Desperate for a Bailout
NEW YORK (TheStreet) -- There are now 146 undercapitalized institutions on the TheStreet's Bank Watch List, with preliminary third-quarter data now available for roughly 91% of the nation's banks and thrifts.
Based on third-quarter regulatory data supplied by SNL Financial for the nation's banks and savings and loan associations -- and factoring-in 21 bank and thrift failures since TheStreet's previous Watch List was published on August 16 -- 146 institutions were undercapitalized according to the regulatory guidelines that apply to most institutions.
Banks are required to file their call reports by Nov. 15.
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