Only Seven banks failed today.

Discussion in 'Economy' started by Neubarth, Jul 23, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Only Seven banks failed today.


    Bank Name .....................City, State.............. CERT # Closing Date
    Home Valley Bank.............Cave Junction OR 23181 ... July 23, 2010
    SouthwestUSA Bank......... Las Vegas NV ....35434... July 23, 2010
    Community Security Bank.. New Prague MN .34486... July 23, 2010
    Thunder Bank................. ..Sylvan Grove KS .10506... July 23, 2010
    Williamsburg 1st National ... Kingstree SC .....17837... July 23, 2010
    Crescent Bank & Trust Co.... Jasper GA ........27559... July 23, 2010
    Sterling Bank..................... Lantana FL ........32536 ...July 23, 2010
     
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    Bank Failures Top 100 for '10

    Wall Street Journal - Robin Sidel - ‎2 hours ago‎
    Regulators closed six more banks around the country, marking the second consecutive year that more than 100 financial institutions have collapsed.
    US Bank Failures Reach 102 So Far This Year ABC News
    Bank failure tally passes 100 for the year CNNMoney
     
  3. KissMy
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    KissMy Free Breast Exam

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    139 Banks failed in 2009. Now 203 days into 2010 there have been 102 bank failures. This is well ahead of last years pace.

    Lets hear it for the recovery! Woo!...Woo!
     
  4. xotoxi
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    xotoxi Platinum Member

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    Too bad for those banks!

    I just started a new bank today. Wish me well!
     
  5. KissMy
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    KissMy Free Breast Exam

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    To bad you are not to big to fail.
     
  6. B. Kidd
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    B. Kidd Gold Member

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    Good luck.......BUT, Sperm banks don't count.
     
  7. KissMy
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    KissMy Free Breast Exam

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  8. topspin
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    topspin BANNED

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    didn't like 1,000 fail under Reagan?
     
  9. B. Kidd
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    B. Kidd Gold Member

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    119 banks failed under the peak year of the recession under Reagan.

    As of 7/24/10, 103 banks have failed this year, under Barack Hussein, with approx. 5 months to go.
    Last year, 2009, 140 banks failed, which was the highest 1-year tally, since 1992, at the height of the savings and loan crisis.

    So, Bottomspin, keep on a' spinn'in......

    www.dailyfinance.com/story/investing/bank-failures...119567041/

    Gawd, I hate doing research for you.......:lol:.
     

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