Depression Era Bank Failures

cassie-1-2-3 http://www.richmondfed.org/publications/research/economic_quarterly/2005/winter/pdf/walter.pdf "As you can see from the chart, only about 9,000 banks were lost between the start of the depression and the start of WWII in 1939, which is generally considered the end of the depression. In other words a lot of banks stayed afloat and actually did just fine during the depression. Not everyone during the depression was standing in bread lines singing Brother Can You Spare a Dime. In fact, many people were unaffected by the depression and many wealthy families, especially, were unaffected. Hollywood actually flourished during the depression." Full response here: http://twi-hate-can-suck-it.tumblr.com/post/27170587235/the-one-thing-that-really-bothers-me-is-that-stephenie#notes