There is no better short position than a bank that the FDIC takes over, equity is wiped out but usually the bonds of the parent company hold some value. So my new favorite website is FDIC Institution Directory, keep in mind that many of the seized banks where not traded on public exchanges, but you might have been lucky to have shorted IndyMac or WAMU. But I am focused banks chartered in Georgia, Illinois and California. Happy Hunting!
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