Madeline Schnapp is director of macroeconomic research with TrimTabs Investment Research Inc. She edits the firm’s Weekly Macro Analysis and Employment NewsFlash publications. Schnapp tracks the cash side of the liquidity equation using proprietary real-time economic indicators. She recently spoke to HousingWire about the current state of U.S. banks. HousingWire: Why are so many banks failing? What must banks do to remain competitive?