FDIC shuts down Ameribank
12th this year - http://www.marketwatch.com/news/stor...7D&siteid=bnbh
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that's crazy stuff -
Another one bites the dust
Wonder where all these bank execs will end up...
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Audit timeComment
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I saw this on the news when I was at the gym, pretty crazy.
My brothers friend who works for a bank says that the gov't has 99 years to pay you back your FDIC insured money... dunno if thats true but pretty messed up imoEmail: Clicky on MeComment
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Guess they didn't have enough friends in government to get a bailout.Comment
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the fed better bring on a 3rd shift at the money printing shopComment
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It's pretty common for a small bank to go under. People are just more aware of these type of things now due to the current economic environment.Living in Virtual Reality
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"the fundementals of our economy are strong."No doubt one may quote history to support any cause, as the devil quotes scripture.
-- Learned Hand
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gonna see more of theseComment
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Hopefully on my web site sucking cock for $25 a shoot.
Of course that includes dividends amortized over the long term project profits
paid on a sliding scale of averages per period deducted by the progressive decline
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of payment. Which should make them rich!
Comment
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12 banks down this year as compared to 2 last year, 0 in 06 and 05:
http://www.fdic.gov/bank/individual/.../banklist.htmlComment
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Holy shit balls!...Comment
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Ameribank is small?
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weekend is not yet over
Last edited by directfiesta; 09-19-2008, 07:42 PM.I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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Is the media exaggerating this downturn? Why are they comparing it to the Great Depression and not the S&L crisis in the 80's where thousands of banks were wiped out? Forgive me, I know nothing about economics.Comment
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