More banks not so healthy

FDIC says “problem” banks were up 30 percent in the second quarter. Again, all you Pollyannas, let’s not claim we’re around the corner on housing-related issues.

After all, we’re not even at the bottom yet on bank problems:

“More banks will come on the list as credit problems worsen,” FDIC Chairman Sheila Bair said at a news conference in Washington.

In short, whomever is elected president will have a “fun” 2009.

The FDIC is already looking at increasing bank insurance fees, something that should have been done years ago.