Bankrupt Banks

Bankrupt Banks is a wall text listing the banks that were declared bankrupt acquired by other banks, governments or private entities during the international financial crisis of 2008. Reminiscent of a memorial wall for soldiers fallen in war, the wall addresses the grave fallout of global economic crisis and worldwide disillusionment.

Beginning with the acquisition of the British mortgage lender, Alliance and Leicester by Grupo Santander on July 14, 2008, the series acts as a sort of timeline, charting the collapse and subsequent reconfiguration of major international financial markets. History has shown that the events of 2008 will surely reoccur, and the wall of bankruptcy will likely expand as more banking institutions face either failure or reorganisation. As such, Bankrupt Banks will continue to list the failures and irregularities of a global financial system.