Oops sorry those numbers are wrong…it’s 97 FDIC Banks failed, 67 failing in the past 12 months and 45 this year. Just this past Friday 5 more went under water. Gosh I feel all hopey changey!
I am so totally sure that the wizards who have managed to create conditions terrible enough to kill all these banks know JUST what to do to fix this mess. Yea TOTALLY SURE all those assclown in our government both elected and the bureaucrats know JUST what to do! Hey how about those wild and crazy guys in our government take a break from saving us. If these assclowns were throwing you a life-preserver they would hit you on the head with it then run over you with the boat…then when they stopped to look for you they would drop the anchor on you.
Pretty soon this mess is going to start looking deliberate and that will get ugly fast.
- First National Bank of Anthony, Anthony, KS June 19, 2009
- Cooperative Bank, Wilmington, NC June 19, 2009
- Southern Community Bank, Fayetteville, GA June 19, 2009
- Bank of Lincolnwood, Lincolnwood, IL June 5, 2009
- Citizens National Bank, Macomb, IL May 22, 2009
- Strategic Capital Bank, Champaign, IL May 22, 2009
- BankUnited, FSB, Coral Gables, FL May 21, 2009
- Westsound Bank, Bremerton, WA May 8, 2009
- America West Bank, Layton, UT May 1, 2009
- Citizens Community Bank, Ridgewood, NJ May 1, 2009
- Silverton Bank, N.A., Atlanta, GA May 1, 2009
- First Bank of Idaho, Ketchum, ID April 24, 2009
- First Bank of Beverly Hills, Calabasas, CA April 24, 2009
- Michigan Heritage Bank, Farmington Hills, MI April 24, 2009
- American Southern Bank, Kennesaw, GA April 24, 2009
- Great Basin Bank of Nevada, Elko, NV April 17, 2009
- American Sterling Bank, Sugar Creek, MO April 17, 2009
- New Frontier Bank, Greeley, CO April 10, 2009
- Cape Fear Bank, Wilmington, NC April 10, 2009
- Omni National Bank, Atlanta, GA March 27, 2009
- TeamBank, National Association, Paola, KS March 20, 2009
- Colorado National Bank, Colorado Springs, CO March 20, 2009
- FirstCity Bank, Stockbridge, GA March 20, 2009
- Freedom Bank of Georgia, Commerce, GA March 6, 2009
- Security Savings Bank, Henderson, NV February 27, 2009
- Heritage Community Bank, Glenwood, IL February 27, 2009
- Silver Falls Bank, Silverton, OR February 20, 2009
- Pinnacle Bank of Oregon, Beaverton, OR February 13, 2009
- Corn Belt Bank and Trust Company, Pittsfield, IL February 13, 2009
- Riverside Bank of the Gulf Coast, Cape Coral, FL February 13, 2009
- Sherman County Bank, Loup City, NE February 13, 2009
- County Bank, Merced, CA February 6, 2009
- Alliance Bank, Culver City, CA February 6, 2009
- FirstBank Financial Services, McDonough, GA February 6, 2009
- Ocala National Bank, Ocala, FL January 30, 2009
- Suburban Federal Savings Bank, Crofton, MD January 30, 2009
- MagnetBank, Salt Lake City, UT January 30, 2009
- 1st Centennial Bank, Redlands, CA January 23, 2009
- Bank of Clark County, Vancouver, WA January 16, 2009
- National Bank of Commerce, Berkeley, IL January 16, 2009
- Sanderson State Bank, Sanderson, TX December 12, 2008
- Haven Trust Bank, Duluth, GA December 12, 2008
- First Georgia Community Bank, Jackson, GA December 5, 2008
- PFF Bank and Trust, Pomona, CA November 21, 2008
- Downey Savings and Loan, Newport Beach, CA November 21, 2008
- The Community Bank, Loganville, GA November 21, 2008
- Security Pacific Bank, Los Angeles, CA November 7, 2008
- Franklin Bank, SSB, Houston, TX November 7, 2008
- Freedom Bank, Bradenton, FL October 31, 2008
- Alpha Bank & Trust, Alpharetta, GA October 24, 2008
- Meridian Bank, Eldred, IL October 10, 2008
- Main Street Bank, Northville, MI October 10, 2008
- Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT September 25, 2008
- Ameribank, Northfork, WV September 19, 2008
- Silver State Bank, Henderson, NV September 5, 2008
- Integrity Bank, Alpharetta, GA August 29, 2008
- The Columbian Bank and Trust, Topeka, KS August 22, 2008
- First Priority Bank, Bradenton, FL August 1, 2008
- First Heritage Bank, NA, Newport Beach, CA July 25, 2008
- First National Bank of Nevada, Reno, NV July 25, 2008
- IndyMac Bank, Pasadena, CA July 11, 2008
- First Integrity Bank, NA, Staples, MN May 30, 2008
- ANB Financial, NA, Bentonville, AR May 9, 2008
- Hume Bank, Hume, MO March 7, 2008
- Douglass National Bank, Kansas City, MO January 25, 2008
- Miami Valley Bank, Lakeview, OH October 4, 2007
- NetBank, Alpharetta, GA September 28, 2007
- Metropolitan Savings Bank, Pittsburgh, PA February 2, 2007
- Bank of Ephraim, Ephraim, UT June 25, 2004
- Reliance Bank, White Plains, NY March 19, 2004
- Guaranty National Bank of Tallahassee, Tallahassee, FL March 12, 2004
- Dollar Savings Bank, Newark, NJ February 14, 2004
- Pulaski Savings Bank, Philadelphia, PA November 14, 2003
- The First National Bank of Blanchardville, Blanchardville, WI May 9, 2003
- Southern Pacific Bank, Torrance, CA February 7, 2003
- The Farmers Bank of Cheneyville, Cheneyville, LA December 17, 2002
- The Bank of Alamo, Alamo, TN November 8, 2002
- AmTrade International Bank of Georgia, Atlanta, GA September 30, 2002
- Universal Federal Savings Bank, Chicago, IL June 27, 2002
- Connecticut Bank of Commerce, Stamford, CT June 26, 2002
- New Century Bank, Shelby Township, MI March 28, 2002
- Net 1st National Bank, Boca Raton, FL March 1, 2002
- NextBank, N.A., Phoenix, AZ February 7, 2002
- Oakwood Deposit Bank Company, Oakwood, OH February 1, 2002
- Bank of Sierra Blanca, Sierra Blanca, TX January 18, 2002
- Hamilton Bank, N.A., Miami, FL January 11, 2002
- Sinclair National Bank, Gravette, AR September 7, 2001
- Superior Bank, FSB, Hinsdale, IL July 27, 2001
- The Malta National Bank, Malta, OH May 3, 2001
- First Alliance Bank & Trust Company, Manchester, NH February 2, 2001
- National State Bank of Metropolis, Metropolis, IL December 14, 2000
- Bank of Honolulu, Honolulu, HI October 13, 2000
FDIC: Failed Bank List
Thank you FDIC for this terrific list…hey you know what? How much money does the FDIC have in the coffers, after all insuring all these failed banks has to cost some money.
WASHINGTON — Federal Deposit Insurance Corp. Chairman Sheila Bair said Tuesday her agency might have to borrow money from the Treasury Department to see it through an expected wave of bank failures.
Well hell the Treasury has a bunch of money doesn’t it? How are those auctions going again? heh…Gosh I wish I would have thought of this scam. I sell bullshit to myself…only an expert would dream that shit up. And I am making a profit every time I gather up enough balls to pull this scam off. Madoff is going to jail for this crap but our government stands up and brags about it.
The Fed Buying What the Treasury’s Selling
Doh!!! Tomorrow is another Treasury auction and to prepare our fearless Fed is buying while our Treasury is selling. How does that work? Two separate sets of books. The former injects reserves into the system by buying Treasury debt and counts it as an (cough) asset. While the latter sells debt which is a responsibility of the taxpayer. It’s that credit/debit deal. Make sense to you? Tony Soprano knows how this works since he cooked the books and got the vig.
Gosh I feel those green shoots sprouting up all over the place!
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