fivecentnickel.com (Free subscription) | 07/21/2008
Did you know that the FDIC maintains a list of troubled banks that are at greatest risk of failure? While the contents of that list are a secret, the data used to create it are publicly available. As such, a number of private research groups and analysts have compiled lists of their own. Such lists [...]
The Sun's Financial Diary (Free subscription) | 07/14/2008
Original post on The Sun's Financial Diary Banks Taken Over by FDIC in 2008 IndyMac Bank, the California-based bank specializing in mortgage lending, became the latest, yet largest so far, bank to fail in 2008 after the bank’s customers withdrew more than $1.3 billion since June amid crisis in the Financial and housing market. Last Friday, July [...]
Vos Iz Neais (Free subscription) | 07/15/2008
Washington - Banks in Colorado, Maryland, Georgia and California top privately-prepared lists of troubled banks being circulated on Wall Street and in Washington. While the Federal Deposit Insurance Corporation (FDIC) is keeping secret its official list of 90 troubled banks, ABC News has obtained other lists prepared by several research groups and Financial analysts. The lists use [...]
QandO (Free subscription) | 07/12/2008 | Other
I ndyMac Bank’s assets were seized by federal regulators when it was determined, Friday, that it could no longer meet depositor’s demands. Why were there such heavy depositor demands? Because of an incompetent senator from NY - Chuck Schumer . Schumer sent a letter on June 26th to several bank regulating agencies urging them to take steps to prevent IndyMac’s collapse. At that point, all’s fine. But...
The Big Picture (Free subscription) | 07/16/2008 | Other
The collection of ne'er do wells, clueless dolts, political hacks, and oh, let's just be blunt and call them what they are -- total Idiots -- expands into an ever larger circle. While the Republic burns due to the unsavory combination of incompetence, ideological rigidity, and crony capitalism, the fools and assclowns seem ever more determined to avoid any personal responsibility for the damages they...
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Just wondering if....
These bad loans were made worse by lenders trying their best to make loans to illegal aliens? Even now the banks advertise taking a loan to give your fifteen...
anonymous - 07/14/2008