Three more banks fail bringing this year's total to 92; Corus is a big one

bank closings Corus
bank closings Corus

Bank closings continue, but perhaps not at the rate that some analysts supposed. Some experts think the the financial crisis will claim 300 to 400 firms in 2009 and 2010. If that is going to happen, the pace of the shuttering will have to substantially accelerate.

On Friday, Federal regulators shut down three institutions -- including a large one, Corus Bank. (Related article: What banks are next as commercial real estate woes worsen?).