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Will more banks fail tomorrow?

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Lex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:43 PM
Original message
Will more banks fail tomorrow?
What happens next?

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MrCoffee Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:45 PM
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1. National City will fail this week
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dkofos Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:45 PM
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2. YES It's all part of the plan. And look for the markets to drop like a rock.
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Cessna Invesco Palin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:59 PM
Response to Reply #2
7. Brilliant plan, this is. n/t
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:45 PM
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3. Are there any banks left!? n/t
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Virginia Dare Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:50 PM
Response to Reply #3
4. There are only four stable financial instituions right now..
JP Morgan, Bank of America and a couple more, I can't remember who right now. Pretty frightening.
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:59 PM
Response to Reply #4
8. Damn. JP Morgan Chase, Bank of America ...
... What about Citibank ? They just bought Washovia.


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Lancer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:56 PM
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5. As long as housing prices fall,
the conventional wisdom has it that banks will continue to fail.
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 04:58 PM
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6. Citigroup is under scrutiny. S&P is putting them under review for possible downgrade.
They have been bleeding money.
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Breeze54 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 05:00 PM
Response to Original message
9. Last night I heard there was a LONG list of banks that might fail... over 120...
UPDATE: BANKS IN TROUBLE LIST GROWS FROM 90 TO 117, BUT THE FDIC STILL DOESN’T PUBLISH IT…


http://www.watchfreeepisodes.com/banks-in-trouble-list-what-90-banks-are-in-trouble-and-wheres-the-list-of-90-failing-banks-in-trouble/859/

With the closing of Lehman Brothers and Merrill Lynch getting bought out by Bank of America, everyone is searching for the “banks in trouble” list. Find more info below about how you can tell if your bank may be one of the banks in trouble on the FDIC’s secret list…

»»»»»»»» Get email notifications from the FDIC of bank failures…»»»»»»»»

https://service.govdelivery.com/service/multi_subscribe.html?code=USFDIC


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