Banks Failure in America
Bank Failures are Worse than before!May 07, 2012
Ever wonder if obama and crew are writing checks the American ppl cannot ever pay for, what are happening to the banks? Well here is some info I found... 2008 US Bank Failures en.wikipedia.org 2009 US Bank Failures as of 19 Jun 2009 www.reuters.com Watch the vid, then rate, rant, comment, question and subscribe. Be careful cause I think its gonna be a bumpy ride ahead. ;) Steve
Central Banks Save European Bank Failure, What's Next for the Stock Market?Apr 30, 2012
www.StockMarketFunding.com Central Banks Save European Bank Failure, What's Next for the Stock Market? In this live "Stock Index" video, we'll cover all the major stock market indices and the how to interpret and trade the recent "Federal Reserve" and "Central Bank" liquidity injections....
Obama uses Religion for Health Care; 81 Bank Failures in 2009; Media Misleds AmericansMar 29, 2012
Third largest bank failure of 2009 announced money.cnn.com Army of the Lord? Obama Seeks Health Care Push From Pulpit www.foxnews.com White House stirs hornets' nest with use of religion on health plan www.washingtonexaminer.com Southern California Home Prices Fall on Foreclosures www.bloomberg.com
Bank Failures Will Rise to More Than 300 - Meredith WhitneyApr 11, 2012
Aug. 21 (Bloomberg) -- Meredith Whitney, chief executive officer of Meredith Whitney Advisory Group LLC, talks with Bloomberg's argaret Brennan about the outlook for additional bank failures in the US Whitney, speaking from the Kansas City Feds annual symposium in Jackson Hole, Wyoming, also discusses the state of the financial industry and the outlook for repayment by banks of loans from the Troubled Assets Relief Program (TARP). (Source: Bloomberg)
Bank of America On Verge of FAILURE? Moving Derivatives!Apr 29, 2012
A developing story of Bank of America attempting to more derivatives from their investment arm (Merrill Lynch) to their commercial unit in hopes of having the junked backed by the FDIC (federal government and possibly the taxpayers). I explain what derivatives are, how much Bank of America's exposure maybe and how it will affect the taxpayers. Thank you Karl Denninger (market-ticker.org BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit www.bloomberg.com Is It Time To Close Down Bank of America? market-ticker.org FACEBOOK www.facebook.com TWITTER twitter.com WEBSITE demcad.blogspot.com
500 bank failures by the end of 2010 - Wilbur Ross on BloombergApr 12, 2012
Interview and discussion with Wilbur Ross of the WL Ross & Co. He says he sees 500 banks failures by the end of 2010. (Bloomberg News)
More Bank Failures? Yep the hits just keep on coming!May 02, 2012
Yep more failed banks - surely this can't be possible with obama claiming his bailouts a success and the economy is recovering as we speak? Well guess again. Read the link.. Seven banks fail, pushing 2009 tally to 52 money.cnn.com Bank failure Map money.cnn.com Foreclosure Map money.cnn.com *NOTE: notice how the maps are similar hmmm... I say we will have more failed banks, more bailouts and the mad rush to keep the inflation rate down will continue till something gives. Unfortunately, obama will be the one that gives YOUR money away to foreign countries to pay for this massive and unsuccessful bailout scam. Can it get any worse? Yep Yep cause ppl are already seeing that banks will take a hard hit later this year... Banks brace for tough second half of '09 money.cnn.com ;) My suggestions... 1. Get a supply of emergency food, water & protection 2. Get rid of your debt; as much as possible 3. Downsize your life & get back to a more simpler way of life (better to learn now than be sandbagged later). And most of all pray - seek God and see how you stand with Him & His word. If you dont know, check out this site... www.needgod.com Peace, Steve
Dollar Dropping Against EVERYTHING! 132 Failed Banks!May 16, 2012
Video commentary about the latest news including the dollar declining for the fifth week, the three more FDIC banks failing, Merkel claiming that German multicultural society has failed and Americans losing support for the Afghanistan war. Question of the Day: When it comes to dating, do you have a racial perspective? Fav Young Black TV Stars: Heather Hemmens, Jessica Szohr, Katerina Graham Do you think race relations will improve after the collapse? Dollar Declines for Fifth Week on Prospects of More Monetary Easing by Fed www.bloomberg.com Three Midwest Banks Fail www.thestreet.com China warns US against making yuan dispute a 'scapegoat' for a flagging economy www.telegraph.co.uk Merkel says German multicultural society has failed www.bbc.co.uk What the numbers say about progress in Afghanistan politicalticker.blogs.cnn.com Flashback to 1870 as Cotton Hits Peak online.wsj.com
Jim Rogers: Let the Banks Fail!Apr 07, 2012
02/11/09 "Mr Geithner's been bombing for 15 years. Mr Geithner caused this problem. Mr Geithner has been head of the New York Fed for several years - that was the office that was supposed to be supervising Wall Street and the banking system." "He caused the problem." "Then all last year he came up with TARP. He came up with all these absurd bailouts." "The way you deal with this is you do what America told Japan to do in the 90's - you let them go bankrupt. You clean out the system. You wipe everybody out who's insolvent and then the solvent people take over and start over." "You wanna know why they're making it worse? They want to support their friends on Wall Street and the bankers so they can all keep their Maseratis or their Ferraris or whatever they're driving." "If doesn't do any good to take money from over here - that you either print, borrow, or tax - and put it over here. Of course the guys who get it, love that you're doing all that" "Look at what's worked in history - South Korea, Russia, Mexico - they all took their pain. It was horrible pain for a year or two, but then they came out of it and every one of those countries became rapidly growing, fast, sound economies for several years." "The countries that did it our way never came out of it until a long long time later if at ever"
Failed Banks & the Burst of Commercial Real Estate = GET OUT OF DEBT!Apr 20, 2012
Failed Banks & the Burst of Commercial Real Estate = GET OUT OF DEBT! Its time to wake up! Get out of debt and prepare! Massive Bank failures due, Says Oversight Panel www.blacklistednews.com Bank Implode-O-Meter bankimplode.com FDIC Failed bank list www.fdic.gov BE IN DEBT TO NO MAN! www.biblegateway.com To see where you stand in light of God and His word check out this site... www.needgod.com webcam video SafeArmsReview SAR failed banks commercial real estate bubble burst unemployment economic collapse prepare now citibank bank of america
Jim Rogers - What Happens if You Let Banks Fail?Mar 20, 2012
For the latest Jim Rogers, go to JimRogersBlog.com As far as the stimulus goes, things will get better for the people who receive the money. For everyone else, it will be worse. The only thing that has worked in the past was to let the failures go bankrupt so that more competent people can come in and buy up their assets. These politicians all think that they have to do something. They think that if they pass around enough money, then they'll be able to get enough votes to win the next election. Ben Bernanke has never been right one time. If you take any advice from Bernanke, then you are going to go broke extremely fast. Geithner is just as bad. These are the guys who caused the problems, and now they are the people who are supposed to solve the problem. There is no such thing as too big to fail. There were plenty of banks who were waiting in the wings looking at the mistakes these big banks were making. They were waiting for them to go bankrupt so that they could swoop in and gain market share. That didn't happen because the government bailed out the bad banks. It wasn't necessary. You should get rid of any remaining US dollars that you have in your portfolio. Real assets like cotton or zinc or gold are much better. These are real products that people use. No one knew what dot coms were, and people were putting billions of dollars into them. Now the money will be in real things. Central banks are the most responsible for this - if you insist on placing the blame in one ...
Bank Of America CEO Gets $125M for FailingMay 18, 2012
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More Bank Failures, Hustle and Focus TimeJan 13, 2011
I took a few weeks off to focus on business and myself. I'm back in the game with more news about banks, this time 7 more banks shut down Friday. FDIC is in serious trouble, they announced there are over 500 banks on a watch list!
Washington Mutual Bank RunMay 10, 2012
JPMorgan Chase & Co., the third- biggest US bank by assets, agreed to acquire the deposits of Washington Mutual Inc. for $1.9 billion as the thrift was seized by regulators in the biggest bank failure in US history. The US government closed Seattle-based Washington Mutual amid customer withdrawals of $16.7 billion since Sept. 15, the Office of Thrift Supervision said in a statement. WaMu had 'insufficient liquidity' and was in an 'unsound' condition, the OTS said. www.dailypaul.com REP Freedom Force Blog: www.free-hollywood.com 'Like' us on Facebook www.facebook.com Free-Hollywood Meetup: www.meetup.com Facebook group: www.facebook.com
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