joe_momma
2nd December 2010, 07:36 AM
Happy Bank Failure Friday!
There were no closures last week - as Ms Bair no doubt felt her staff were too overworked.
To be fair, from the Wikileaks dump, perhaps they'd been far busier handing out money to everyone that previously known.
No that we're back to "normal" the FDIC can resume ignoring the 840+ banks that are, umm, "troubled" and close one or perhaps two just to maintain appearances.
(The FDIC had their staffing increased by 50% at the start of the year - oddly, with no noticeable increase in throughput.)
How many banks go down today? For the Ruprick (tiebreaker) choose a state to be honored!
Please get your picks in before Friday 5 pm EST.
Good luck!
One can follow along at:
http://www.fdic.gov/bank/individual/failed/banklist.html
There were no closures last week - as Ms Bair no doubt felt her staff were too overworked.
To be fair, from the Wikileaks dump, perhaps they'd been far busier handing out money to everyone that previously known.
No that we're back to "normal" the FDIC can resume ignoring the 840+ banks that are, umm, "troubled" and close one or perhaps two just to maintain appearances.
(The FDIC had their staffing increased by 50% at the start of the year - oddly, with no noticeable increase in throughput.)
How many banks go down today? For the Ruprick (tiebreaker) choose a state to be honored!
Please get your picks in before Friday 5 pm EST.
Good luck!
One can follow along at:
http://www.fdic.gov/bank/individual/failed/banklist.html