The number across the bottom are the months since the start of 2007. So we are in the 10th column (October).

The credit crunch still has bigger months to come and a few of them. And most of those are made up of sub prime loans which are the biggest credit risk.

Netbank has gone under.
Citigroup and UBS have taken big hits.
Northern Rock had people queuing for three days to get their money. The bank of England said they would underwrite any savings in Northern Rock but revised the statement later to say savings up to a value of 35,000 pounds.

Chances of more banks going under?