Well, to play devil's advocate, the government has been very careful since the Great Depression to never disclose which particular banks are in financial trouble in order to avoid provoking a run on vulnerable institutions that could otherwise be salvaged. The FDIC doesn't disclose the names of banks that are in trouble and in danger of being shut down until they actually shut them down and have arranged the transition either, and this is a somewhat similar case.
That's a spectacularly bad way of explaining it, though.
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syntheid
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Date: 2009-03-03 11:52 pm (UTC)That's a spectacularly bad way of explaining it, though.