Only 2:00 on the west coast and Sheila Bair has already whacked two banks: Citizens Community Bank, Ridgewood, New Jersey; and Silverton Bank, National Association, Atlanta, Georgia.
Silverton was such a steaming turd that no other bank would buy its deposits and loans. The FDIC is going into the bank management business with that one.
Two banks this early on a Bank Failure Friday tauntingly tantalizes us... will we get more today?
UPDATE: Yep. America West Bank, Layton, Utah.
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... -
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ...
No comments:
Post a Comment