Bank Failure - Don't Panic

The following article written by Ben Rooney describes various banks that have failed during the year. Americans’ feelings toward bank failure can lead to negative thoughts and panic situations. However, I feel that everyone should feel a sense of security with the Federal Deposit Insurance Corporation. The government has extended security with increasing the amount insured up to $250,000. I believe that after reading this article it also, creates banking opportunities by letting banks purchase other failed banks.

http://money.cnn.com/2009/12/11/news/economy/bank_failure/index.htm