Bank Failures So Far
With the news today that two more US banks have failed, I thought it would be useful to see where we are with the continuing collapse of the global financial system.
Failed Banks So far:
Northern Rock
Bear Stearns
IndyMac
First Integrity Bank
ANB Financial
Hume Bank
Douglas National Bank
First Heritage Bank
First National Bank of Nevada
Forthcoming failures(?):
Barclays (senior execs jumping ship right now!)
Bradford & Bingley
HBOS
Downey Financial
Corus Bankshares
Doral Financial
FirstFed Financial
Oriental Financial
BankUnited Financial
Washington Mutual
… and many more. Keep you posted.
July 28th, 2008 at 8:12 pm
Starting to look like the roaring twenties. Like 1929
July 28th, 2008 at 8:27 pm
[...] Oriental Financial BankUnited Financial Washington Mutual … and many more. Keep you posted. Source…………… This is the beginning of the [...]
July 29th, 2008 at 1:35 am
Bank Failures So Far…
With the news today that two more US banks have failed, I thought it would be useful to see where we are with the continuing collapse of the global financial system….
July 29th, 2008 at 2:29 am
Die fiat die!
July 29th, 2008 at 6:33 am
My concern is what the impact will be if several large U.S. banks fail and the FDIC is not able to guarantee the savings of those with less than $100,000 in their savings account. No one has said or written anything regarding this possibility.
July 29th, 2008 at 8:08 am
Fred: You might want to have a look here: http://www.informationclearinghouse.info/article20373.htm
July 29th, 2008 at 3:48 pm
looks like GOD wiil be called upon in the upcoming months
and America will get back to it’s roots!
July 29th, 2008 at 4:30 pm
Wow, 9 whole banks have collapsed. Nothing more than an adjustment. Most of them are neighborhood banks so let’s not get all Chicken Little and start pretending that we have a list of more banks failing than have already done so. All these rumors about WaMu folding yet it’s not happening…looks like SOMEbody pays attention to that ’sky is falling’ clown Michael Rivero.
July 29th, 2008 at 8:06 pm
Another perfect crime pulled off by the world’s second largest collection of thieves, the Bush Crime Family.
The last time banks failed and had to be taken over by the feds was when Bush’s daddy was in the White House.
The Bush family is nothing more than a motley collection of liars, thieves and mass murderers.
And to think We the People pay that mass murdering Bush his salary.
P.S. Next time you go to your local big box store, see how many cars still have the Bush-Cheney ‘04 stickers on their bumpers.
Around here, they”ve disappeared.
July 29th, 2008 at 11:18 pm
It is good to blaim GW. Bush also Greenspan. Only I think the people most earning the blame is the American people, “We the people?”.
The two terms in office YOU (We the People) alowed GW.Bush to be in office (as a puppet on a lot of strings) while the rest of the world could see that “They” were ruining the whole country, have been YOU the people to blame.
You failed to have the whole gang impeached and imprisonned (hung). Don`t cry just do waht you have to do, get your jobs back into the USA and try to restore the frienships GW.Bush and his gang have ruined. Don`t know how?? well go to Library and find books about the French solution in the 18th Century and, the Russians in the 20th. It is not needed to kill all the Nobel People but, kick them out of Office and start repairing your Constitution and live to it.
July 30th, 2008 at 10:23 pm
The collapse of the dollar and the banking crisis is a direct result of our monopolistic, privately controlled, debt based, fractional reserve Federal Reserve System. This collapse is predictable and we have been warned over and over since before (actually since the 18th century) the so called Great Depression, which was also a result of Fed policies.
This has all been engineered and will be accompanied by a period of consolidation of wealth and power in the hands of the international bankers who control the Fed. This struggle has been going on since before the United States existed as a country. It has nothing to with the Bushes other than they happened to be the puppets on the pulpit when it happened; Clinton and Obama are as much their pawns as GW and GHW Bush.
Frankly, the delusional ones are those who keep telling everyone else that everything is really OK in spite of decades of data which proves that everything is NOT OK. Just exactly how much proof do you need that fractional reserve banking is a scam that leads to economic disaster for most people, but unimaginable wealth, property and power for the Money Changers.
July 31st, 2008 at 12:35 pm
My compliments to Landskroon. There is more wisdom and common sense in his few remarks than I see on all the blogs where everone blames everyone but themselves.
Guess what… the blame MUST FALL on we the people and no one else for the mess in which we now find ourselves. And it is precisely the “blame others” menatlity that got us here.
Untill we own up and catch on to what is wrong with our country and our system today (it is US, folks!) then we will never get it right.
Of course, it is too late now to prevent total collapse anyway, but it would be nice if all could see WHY this great experiment in democracy has failed. It failed because we were not smart enough to make it work! And “Blame gamers” never ever will be until they get the idea that a democracy MUST BE run.. daily.. BY THE PEOPLE.
We have allowed others to run the show and settled for blaming them for everything and now the end is near.
Oh well… some of us have tried to tell our illustrious majority that they were killing the golden goose and now they have done it.
July 31st, 2008 at 2:17 pm
Bud: I couldn’t agree more, and I posted on that very subject this morning:
http://news.aspects.cc/britain/public-point-finger-at-greedy-banks
July 31st, 2008 at 6:08 pm
Australasian banks with large exposures to credit markets:
- National Australia Bank
- ANZ
- Commonwealth Bank
- Westpac
Citigroup is beginning the devaluing effort:
http://www.nzherald.co.nz/section/3/story.cfm?c_id=3&objectid=10522953
August 12th, 2008 at 4:29 am
[...] Iran opening their Oil Bourse and totally removing US dollars in their countries oil transactions, at least nine banks failing in the US and UK so far in 2008, Blackwater mercenaries being used on American soil for raids by the US Federal Government, [...]
November 18th, 2008 at 3:31 pm
Afternoon - have been trying to put together a list of the main bank failures in some predominantly high impact European countries, (UK, Switzerland, France, Germany), but am failing miserably… Anyone found a good source of information?