bank failures
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Welcome to the 'bank failures' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'bank failures'.
Latest blogosphere posts tagged “bank failures”
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Obamanomics in Action
The Lonely Conservative —
Authority: 592
Well, there was more bad economic news today. What a shock. The Wall Street Journal reported that October’s federal budget deficit was a whopping $176.36 Billion. That’s the worst ever October deficit. As a percentage of GDP – 9.9% to be exact – it’s the worst since 1945. The Journal also reported that ...1 day ago -
It’s hard to see any corner being turned anytime soon….The failures just keep on coming.
InvestmentWatch —
Authority: 450
Better late than never with the FDIC bank failures story today. The FDIC is getting closer and closer to all of its reserves being wiped out by these bank failures and there are at least 460 more banks that are currently operating in an “unsafe and unsound” condition as they are insolvent. A further group of over ...2 days ago -
Two Florida Banks and One California Bank Closed by Regulators
Bank Deals - Best Rates and Deals —
Authority: 441
Three banks failed today. Two were in southwest Florida, and one was in California. The largest of the three failed banks was Orion Bank in Naples, Florida. It had $2.7 billion in assets, and it cost the FDICs Deposit Insurance Fund an estimated $615 million. The other failed Florida bank was Century, FSB in Sarasota. ...2 days ago -
Feds seize San Clemente bank
The Orange County Register - Tustin —
Authority: 823
Pacific Coast National Bank of San Clemente was closed today by the Office of the Comptroller of the Currency, which put the Federal Deposit Insurance Corp. in charge of the bank.2 days ago -
Bank failure Friday
Gulag Blog —
Authority: 168
IBERIABANK is busy tonight, acquiring $3.1 billion of failed bank assets. The bank also bought nearly $600m of assets from the estate of CapitalSouth Bank of Alabama back in August. After these transactions, IBERIABANK will have increased its balance sheet nearly 67% since June. It’s worth nothing that IBERIA ...2 days ago -
Bank failure Friday
Fuck Bankers —
Authority: 167
IBERIABANK is busy tonight, acquiring $3.1 billion of failed bank assets. The bank also bought nearly $600m of assets from the estate of CapitalSouth Bank of Alabama back in August. After these transactions, IBERIABANK will have increased its balance sheet nearly 67% since June. It’s worth nothing that IBERIA ...2 days ago -
Social media party still raging, but where’s the profits? Lending Club might know
Senses: A blog about the Thirdi Software perception —
Authority: 129
The question persists as to how social media can be transformed from idle and pedantic chatter to hard quantifiable profits. Marketing executive like the alchemists of old search for this answer; it is the philosopher’s stone of today’s advertising and marketing industry. A new emarketer survey shows that ...2 days ago -
The FDICs Other Friday Gambit
zero hedge —
Authority: 769
Fridays seem to have become the day to dump bad news as a consequence of the lazy tendency of some members of the Fourth Estate to head out early to start their weekends. (There is a reason it isnt FDIC Failure Tuesday- part of it involves the ease of moving retail deposits to their new home, but reporting plays a ...2 days ago -
California Banks Began to Impode
LoanWorkout.org —
Authority: 441
Rod Brown, president of the California Bankers Association, said that despite this novel and helpful move, more bank failures probably lie ahead.“At best we are only halfway through this thing,” he said.Anderson said his firm has a ranking system that considers 29 out of California’s 297 banks in danger of ...2 days ago -
California Banks Began to Implode
LoanWorkout.org —
Authority: 441
Rod Brown, president of the California Bankers Association, said that despite this novel and helpful move, more bank failures probably lie ahead.“At best we are only halfway through this thing,” he said.Anderson said his firm has a ranking system that considers 29 out of California’s 297 banks in danger of ...2 days ago -
Another $1.5 Billion Down The Drain
FITSNews —
Authority: 641
A week after the government lost $2.3 billion in bailout money on small business lender CIT, taxpayers watched another $1.5 billion go down the drain – this time on five separate bank failures that were announced Friday. The U.S. government shut down United Commercial Bank of San Francisco and four other financial ...6 days ago -
What can Swiss Banks Give the World now?
IRS Tax Problem Solver Blog - IRS Help —
Authority: 129
Take away the bastion of secrecy from Swiss banks and what do they have left? With the damage to Swiss secrecy laws by the recent IRS UBS bank agreement, it is surprising that bank chief Oswald Grubel still sees a bright future for Swiss banking. But is he entirely wrong? Perhaps to answer that question, one needs ...1 week ago -
Bank Failures – This Time We Dig Into The Facts
Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders —
Authority: 431
Yesterday’s five bank failures bring the number of banks to fail during this economic storm to 120. Should these bank failures come as a surprise? No, some were already slapped with a Cease and Desist order prior to the FDIC shutting them down. The FDIC never announces to anyone, not even to the bank being closed ...1 week ago -
How Nice to be Out of the Spotlight
Underbelly —
Authority: 482
Heres some reading with which to idle away the weekend: Calculated Risk is maintaining a list of almost-in-trouble banks (link) --some 550 at the moment, to match the 120 actual failures so far ( link )--so you can learn who is coming soon to a receiver near you. Its searchable and sortable, although it does ...1 week ago -
Federal regulators close small banks in 4 states
Business Finance & Economy - business.marc8.com —
Authority: 163
Regulators on Friday shut small banks in Georgia, Michigan, Minnesota and Missouri, bringing the number of bank failures this year to 119 amid the struggling economy and a cascade of defaults on loans.1 week ago -
Five Banks Fail including United Commercial Bank
Bank Deals - Best Rates and Deals —
Authority: 441
It was another busy Friday for the FDIC with 5 bank failures. The largest bank that failed was United Commercial Bank which had 63 U.S. branches and $11.2 billion in assets. East West Bank agreed to assume all deposits and branches of United Commercial Bank. One thing unique about United Commercial Bank is that it had ...1 week ago -
Banks in Ga., Mich., Minn., Mo., Calif. closed
Business Finance & Economy - business.marc8.com —
Authority: 163
Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.1 week ago -
Bank failure Friday
Fuck Bankers —
Authority: 167
As per usual, we begin in Georgia: #116 Failed bank: United Security Bank, Sparta GA Acquiring bank: Ameris Bank, Moultrie GA Vitals: as of 9/14/09, assets of $157m, deposits of $150m DIF damage: $58 million Ameris Bank also bought American United two weeks ago.1 week ago -
Bank failure Friday
Gulag Blog —
Authority: 168
As per usual, we begin in Georgia: #116 Failed bank: United Security Bank, Sparta GA Acquiring bank: Ameris Bank, Moultrie GA Vitals: as of 9/14/09, assets of $157m, deposits of $150m DIF damage: $58 million Ameris Bank also bought American United two weeks ago. #117 Failed bank: Home Federal Savings ...1 week ago -
Barney Franks Tells Regulators to Be “Deaf, Dumb, and Blind”
Stock Market Analysis, Trading, And Financial Commentary - Rebel Traders —
Authority: 431
Tomorrow’s Wall Street Journal paper will be running the story that House Financial Services Committee Chairman Barney Deaf, Dumb, and Blind Frank has sent a letter to top banking regulators to “go easy on small banks”. You did read that correctly. Barney Frank essentially says that enforcing bank ...1 week ago
