By Mark Memmott
There are some sobering words today All Things Considered. Sheila Bair, chairman of the Federal Deposit Insurance Corporation, tells host Robert Siegel that last year's 140 U.S. bank failures last year will be eclipsed in 2010.
But, she says, only a small percentage of banks are in trouble and the number of failures this year won't approach the 530 that closed in 1989 at the peak of the savings and loan crisis.
Here's part of their conversation: