8.08.2008

Bank Failure Friday

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.

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Milestones

I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.