There is no "x times earnings" if a bank has NO earnings and HUGH losses. The only way such a bank can be measured is by how large your tax loss will be if you own stock.

Mr.Dokrok,

I believe I owe you an apology. I stated that only the FDIC could declare a bank DEAD. I have informed that if a bank is terminally ill, in a coma and on life support, it can be declared DEAD if no signs of brain activity can be detected.