Who's next? Will we get a bank failure (or two or three) this afternoon, or do we have to wait until next week?
There's lots of speculation on Vineyard Bank (VNBC), which was outed in the LA Times yesterday. And I've got my eye on a tasty Vegas bank that I'm sure will blow fairly soon. And of course there's the whale, Shamu's cousin WaMu, which is on death watch, but we may still be a little early on that one.
Watch this space.
UPDATE: No bank failures this weekend. Sheila Bair and the FDIC had better get busy. If they are going to close 100+ banks in the next year, they can't afford to skip weekends like this.
8.08.2008
Subscribe to:
Post Comments (Atom)
-
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
-
Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
QE has permanently ruined bonds for investors
You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...
No comments:
Post a Comment