How many banks are expected to fail?

Question

I read this at us news

How many banks are expected to fail?

"It's our view that regulators are expecting 100 to 200 banks to fail" over the next 12 to 24 months, says Jaret Seiberg, a research analyst for the Stanford Group. Seiberg expects those failures to occur predominantly in states like Ohio, Michigan, California, and Georgia—where the construction lending market, which includes residential real estate, is expected to weaken dramatically. What do you think?

Answer 1

it would not come as a shocker -- 200 is not that many banks!!!