Meredith Whitney Predicts More Than 300 Bank Failures
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5_XmLUK1JRc
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5_XmLUK1JRc
FDIC Friday - 2009
- Thread starter MattF
- Start date
Well...I don't see that this year unless all hell breaks loose over the next few months...but maybe over a 2-3 year span. Only because many now are much bigger then what it used to be. Still these bigger regional banks that do fail even when bought up just make someone else larger when they fail...or run into trouble
FDIC have been busy nine banks closed and taken over by US Bank.....cheaper by the dozen.
www.fdic.gov
Bank Closing Information
October 30, 2009
These links contain useful information for the customers and vendors of these closed banks.
* North Houston Bank, Houston, TX
* Madisonville State Bank, Madisonville, TX
* Citizens National Bank, Teague, TX
* Park National Bank, Chicago, IL
* Pacific National Bank, San Francisco, CA
* California National Bank, Los Angeles, CA
* San Diego National Bank, San Diego, CA
* Community Bank of Lemont, Lemont, IL
* Bank USA, NA, Phoenix, AZ
www.fdic.gov
Bank Closing Information
October 30, 2009
These links contain useful information for the customers and vendors of these closed banks.
* North Houston Bank, Houston, TX
* Madisonville State Bank, Madisonville, TX
* Citizens National Bank, Teague, TX
* Park National Bank, Chicago, IL
* Pacific National Bank, San Francisco, CA
* California National Bank, Los Angeles, CA
* San Diego National Bank, San Diego, CA
* Community Bank of Lemont, Lemont, IL
* Bank USA, NA, Phoenix, AZ
Dec. 4, 2009, 7:27 p.m. EST
AmTrust, three Georgia banks closed by regulators
By John Letzing, MarketWatch
SAN FRANCISCO (MarketWatch) -- Cleveland-based AmTrust Bank, with 66 branches and roughly $8 billion in deposits, was closed by regulators Friday, as the ongoing credit crunch continued to claim victims.
Three smaller banks in Georgia, an Illinois-based bank and a Virginia bank were also shuttered, bringing the 2009 total to 130.
http://www.marketwatch.com/story/amtrust-bank-puts-2-billion-dent-in-fdic-fund-2009-12-04
AmTrust, three Georgia banks closed by regulators
By John Letzing, MarketWatch
SAN FRANCISCO (MarketWatch) -- Cleveland-based AmTrust Bank, with 66 branches and roughly $8 billion in deposits, was closed by regulators Friday, as the ongoing credit crunch continued to claim victims.
Three smaller banks in Georgia, an Illinois-based bank and a Virginia bank were also shuttered, bringing the 2009 total to 130.
http://www.marketwatch.com/story/amtrust-bank-puts-2-billion-dent-in-fdic-fund-2009-12-04
So FDIC is broke. They're now propping up failed banks with counterfeit T-bills?!?!
7 more this weekend...
SAN FRANCISCO (MarketWatch) -- Seven U.S. banks were closed by regulators on Friday, bring the total this year to 140 as the effects of the credit crisis continued to be felt across the country.
http://www.marketwatch.com/story/seven-us-banks-closed-2009-failures-at-140-2009-12-18
SAN FRANCISCO (MarketWatch) -- Seven U.S. banks were closed by regulators on Friday, bring the total this year to 140 as the effects of the credit crisis continued to be felt across the country.
http://www.marketwatch.com/story/seven-us-banks-closed-2009-failures-at-140-2009-12-18
