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.
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo t...
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...
WSJ : Calpers’ stock portfolio returned minus 13.1%, while bonds returned minus 14.5%, the pension fund said. Those losses delivered a doub...