More U.S. banks have failed during the first three years of the Obama Administration than in all eight years of the George W. Bush Administration.

Three banks have already failed in 2012, following the 92 banks that went under in 2011 and the 157 banks that failed in 2010 and the 140 banks that failed in 2009, according to the Federal Deposit Insurance Corporation.

Regulators Shut Bank In Pennsylvania, Georgia & Florida; First Failures Of 2012 - NASDAQ.com