Another one bites the dust.....FDIC takes over 1st National Bank of Nevada, First Her

FDIC takes over 1st National Bank of Nevada, First Heritage Bank



$100 .. on 16 banks by the end of this mess!

lets get the bets going!

 

First Heritage Bank, NA, Newport Beach, CA


Hahahahahhahahaha!

Two banks in one day. I guess WM is next week!!!

 

Jp Morgan will buy out WAMU $6 - 8 bucks/share!!!


Mark this!

 

Assets and deposits purchased by Mutual of Omaha Bank.

http://www.fdic.gov/news/news/press/2008/pr08063.html

 

Why not $5 or $2?

 

"Global (wealth transfer) Games 2008" continue!!!

 

Between 1981 and 1991 well over 100 banks per year failed and between 87 and 91 the number was north of 250 each year.

I presume your no expert on this sort of stuff, huh?

 

A whole 16 banks?????? Kiss your $100 good bye.

 

There is something I dont understand about this. why is it that other banks are acquiring deposits? as far as I know deposits are liabilites on the balance sheet and if they are not matched by good assets then thats no good

 

Yip WM is next weekend. FDIC only have a enough free staff to close two banks at a time. But they are becoming experts at it though.