8.22.2008

Bank Failure Friday

Happy Bank Failure Friday, everyone!

Who do we get today? Vineyard Bank? Other small fries? Is it too early for WaMu? What about Lehman? I think I smell some GSEs burning.
Watch this space.


UPDATE: The Columbian Bank and Trust of Topeka, Kansas. Thin gruel indeed.

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Quotations from Chairman Varones

There are very few financial problems that can't be solved by a suitable application of asset bubbles.