Bank Collapse Watch: 1,000 Banks To Fail?

Wilbur Ross: Possibly a Thousand Banks Will Close

In an exclusive interview with CNBC.com, Wilbur Ross, chairman and CEO of WL Ross & Co., says he sees possibly as many as a thousand bank closures in the coming months. And this will create opportunities for investors.

“I do think a lot of the regional ones will (close), just as they did in the last savings and loan crisis in the 1990s,” Ross said.

He’s sees bank collapses as an investment opportunity.

How quaint.

He’s in for one hell of a surprise.

See the list of banks that are candidates for collapse.

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