Bank Failure Friday - October 15, 2010

[joe_momma]

Happy Friday -

Every Friday brings a new set of opportunities

* Lies from the state government
* Lies from the federal government
* Politically damaging information
* and of course BANK FAILURES


Last week saw another skunking as the FDIC chose to embrace magical thinking once again (technically all of the banks are now insolvent because of the title mess).

To limit political damage, it looks like the FDIC is being (...... metaphor deleted .......), not that there's anything wrong with that.

How many go down today? For the Ruprick (aka tie breaker) choose as state to be recognized!

Good luck!


One can follow along at:
http://www.fdic.gov/bank/individual/failed/banklist.html

[joe_momma]

Ain't no one goin' down until Nov 5.

[beefsteak]

I pick 2 this week. Georgia for the bonus bragging rights.

My thinking is, the public has a short memory, and in the "right circles" the BHO way has to look like they are keeping current and vigilant. Besides, if they don't make more sweetheart deals in states where extra assets can be flipped into campaign coffers, such as Georgia, where "they" gonna get the moolah?

[MNeagle]

5-6 California

[SHTF2010]

FORECLOSURE FRIDAY

sacrifice 9+ little banks

because the BIG BANKS are to big to fail

[1970 silver art]

Since the FDIC has been slacking off for the last few weeks, then everything should return to normal. There will be 3-4 bank failures today and Tennessee is the winner.

[zap]

I think they need to hold off a bit, don't want people to panic. 1 or 2

[Apparition]

3-4 is my guess.

[gunDriller]

Ain't no one goin' down until Nov 5.


why doesn't someone answer our prayers ?

God i hope the Dems, Boxer & Pelosi in California, LOSE.

[joe_momma]

Let's see how things go -

It looks like the mere threat that the US was about to start a hot Currency War with China made the dollar jump (and gold drop - bastards!)

good luck

[1970 silver art]

3 bank failures so far.

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

1. Premier Bank, Jefferson City MO
2. WestBridge Bank and Trust Company, Chesterfield MO
3. Security Savings Bank, F.S.B., Olathe KS

[joe_momma]

3 bank failures so far.

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

1. Premier Bank, Jefferson City MO
2. WestBridge Bank and Trust Company, Chesterfield MO
3. Security Savings Bank, F.S.B., Olathe KS




I think this is the first time MO has been to the rodeo!