Bank Failure Friday - June 11, 2010

[joe_momma]

Friday - the start of the weekend, the White House weekly document dump, and of course, bank failures!

We're almost at 80 banks so far this year - even though the FDIC doubled its payroll in 2010, there are hundreds of insolvent banks, and literally thousands at risk.

How many will be shuttered today? As the bonus tie-breaker "the Ruprick" - pick one state/commonwealth/district which will receive the attention of the FDIC at 5 pm local.

Good luck!

:)

Oh yeah - one can follow along at

http://www.fdic.gov/bank/individual/failed/banklist.html


**(snip)

Well said SHTF2010 - wish I'd though of that!

[joe_momma]

7-8 with Florida getting special honors!

[SHTF2010]

9+ Baskins Robbins - try the double-dip Whoopsie


Rocky Roads ahead

[k-os]

5 - 6, Paltry with a special focus on Florida.

[YukonCornelius]

Six. CA, IL, FL, ND...

[steyr_m]

I don't know, I've been hearing about "Bank Fail Friday" for a long time now. Last one was spring '09 when Barnacle Bob posted it. I think 2010 is going to be a bad year though....

[Apparition]

3-4 is my guess.

[Quantum]

3-4, California

[MNeagle]

5-6 Ohio

[MNeagle]

Regulators shut Seattle-based bank

WASHINGTON (AP) -- Regulators on Friday shut down a bank in Washington, bringing to 82 the number of U.S. bank failures this year.

Seattle-based Washington First International Bank, with $520.9 million in assets and $441.4 million in deposits, was closed by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corp. as receiver of the failed bank.

more:http://finance.yahoo.com/news/Regulators-shut-Seattlebased-apf-2009552591.html?x=0

[Ash_Williams]

Just a crummy 1.

[joe_momma]

One!!!!

Oh well what a let down!

http://s0.ilike.com/play#Barenaked+Ladies:What+A+Letdown:907737:s42827 831.11227812.663188.0.2.22%2Cstd_7bdb6ec00cd047849 84833abd5bdec35


No winners this week! Darnit!

Best of luck for next week!

Washington First International Bank Seattle WA 32955

:)

[Ponce]

Jesus H Ponce..........TODAY IS FRIDAY?????????........I though that it was Wensday hahahahahahah, that happens when you are retired.

I'll go with 5 because of FL.

[joe_momma]

Hate you Ponce!

(note this is only a liberal interpretation of "Hate you Chaka" - from the great sci-fi work Deathworld 2 by Harry Harrison)

I only get to lose track of the day of the week when on annual month long holiday in Asia - I wish I was able to be retired and therefore on permanent holiday! (also jealous of the DHL founder for his final years!)

I guess if you do not hold your vacation days, you do not own them! (drat)

[optionT]

I'll go with................one with WA being my "Ruprick."

[Ponce]

Hahahahaahahha Momma, want to hate me some more? I made my "fortune" in only six years.......sold the company and retired ;D