joe_momma
6th January 2011, 09:49 AM
Happy New Year!
We're back for another year of "deny the problem" - Ms Bair, Chair of the FDIC, has the unenviable position of having well over 800 insolvent banks to deal with and the significant chance than considerably more banks will go down (commercial real estate loans are beginning to come due).
Last year we saw 157 banks (plus one in Puerto Rico) fail.
How many banks will be announced closed a 5 pm local time this Friday?
For the Ruprick (tie-breaker) choose one state to receive the recognition of Ms Bair.
Good luck all!
;D
We're back for another year of "deny the problem" - Ms Bair, Chair of the FDIC, has the unenviable position of having well over 800 insolvent banks to deal with and the significant chance than considerably more banks will go down (commercial real estate loans are beginning to come due).
Last year we saw 157 banks (plus one in Puerto Rico) fail.
How many banks will be announced closed a 5 pm local time this Friday?
For the Ruprick (tie-breaker) choose one state to receive the recognition of Ms Bair.
Good luck all!
;D