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joe_momma
18th June 2010, 06:56 AM
Happy Friday!

Another round of bank closures should occur today. Last week had no winners and a stunning one (1) bank closed.

This is pathetic on a number of levels
- 300+ banks are insolvent
- ~90 didn't bother to make their TARP repayment
- The staff for the FDIC was doubled this year
- There are thousands of banks across the country that are "troubled"

How many will go down today?

Please cast your vote by 5 pm EDT and for the Ruprick choose one state/district/commonwealth that will be honored.

One can follow along at

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

here is a link to the 91 banks that didn't make their payments
http://blogs.wsj.com/deals/2010/06/17/meet-the-91-banks-that-didnt-make-their-tarp-payments/

Good Luck!

:)

joe_momma
18th June 2010, 06:56 AM
I think 7 today with Illinois as the honoree!

SHTF2010
18th June 2010, 07:13 AM
9+ - Welcome to the double dip!

and Cramer provides the Whoopsie


http://www.youtube.com/watch?v=o3FVBKic5Ek

MNeagle
18th June 2010, 07:33 AM
5-6 & Florida.

DMac
18th June 2010, 07:56 AM
5-6 California

Ponce
18th June 2010, 08:31 AM
Zero..........Obama and the Feds will come to the rescue once again...... just kidding.........3

Apparition
18th June 2010, 10:00 AM
I'm guessing that there'll be 3-4 bank failures.

Quantum
18th June 2010, 11:12 AM
3-4 Georgia

synbi
18th June 2010, 11:26 AM
5-6, mainly from New York

jimswift
18th June 2010, 11:33 AM
double dip me, & Florida.

k-os
18th June 2010, 12:36 PM
5-6 with an emphasis on Florida.

Gaillo
18th June 2010, 01:21 PM
They've ALL failed... it's just that nobody's got around to shutting them all down yet.

platinumdude
18th June 2010, 01:34 PM
double with Nevada.

joe_momma
18th June 2010, 05:45 PM
Zero???

(edit)

Up to ONE - wow really putting in the hours!

Quantum
18th June 2010, 06:29 PM
They've ALL failed... it's just that nobody's got around to shutting them all down yet.


LOL - Gaillo wins!

Quantum
18th June 2010, 06:30 PM
One as of 1830 Pacific:

Nevada Security [sic] Bank Reno NV 57110 June 18, 2010 June 18, 2010

joe_momma
18th June 2010, 08:29 PM
Pathetic! The second week in a row with no winners!

One is the count - miserable -

Fortunately, today is FONDLE FRIDAY - guess I can spend some quality time with my PMs! (and no MadFranks and Phideaux - no comments about "family jewels" - this is a family show......)

;)

See you all next week - best wishes!