CEO of WL Ross & Co - 1,000 banks closing shortly

[rockstarinvestor]

Chairman and CEO of WL Ross & Co., Wilbur Ross, told CNBC in an interview that he sees "as many as a thousand bank closures in the coming months."

Anyone have a bulldozer business - cuz you're going to be rich!!!

[badeconomy]

I didn't realize the number was this high.

[richestanywhere]

You almost don't think there are that many banks since you mainly think of only the large famous name brand only ones, but forget about your local banks.