91 Banks Missed Payments to Treasury

[G2Rad]

Perhaps most disturbing news

20 banks have missed at least four payments
eight banks have missed five payments

Banks Obviously in Trouble

Reuters reported yesterday that 91 banks missed their May 17th TARP payments.

obviously, an increasing number of banks are struggling to meet their obligations

the link (http://mandelman.ml-implode.com/2010/06/banks-obviously-in-trouble-91-banks-missed-may-payments-to-treasury/)


600 banks still owe the government payments under the TARP program

[Anothercoilgun]

When a person does this we all know what happens.
Is there a scheduled escalation in place for this "behavior"? Don't even bother answering we all know the answer.

[BabushkaLady]

What no extension on their loan??

Best part of the article:

"According to U.S. taxpayers, if you’re a banker at risk of losing your bank to seizure, you don’t need a politician to get your loan modified… you can call the Treasury, or better yet, call a taxpayer directly.
Just dial 1-800- B-W-A-H-A-H-A-H-A-H-A