Another Friday...hey, wait. What day do they close banks?
Weiss
Posts: 9,941 ✭✭✭✭✭
The feds decided to respect the sabbath by closing this one down tonight (Thursday).
By DANIEL FITZPATRICK, WSJ 03-11-10
Regulators shut New York's LibertyPointe Bank, the 27th banking failure of 2010 and the first to go down in the nation's financial capital since the start of the recent crisis.
Headquartered in Lower Manhattan, LibertyPointe had three branches, $209.5 million in deposits and $209.7 million in assets.
The bank's founder was Shaya Boymelgreen, a prominent New York developer of apartment and condo buildings hit hard by the recent real-estate crash. His bank served the Orthodox Jewish community, and regulators decided on a rare Thursday-night seizure in deference to the religious customs of the bank's employees.
By DANIEL FITZPATRICK, WSJ 03-11-10
Regulators shut New York's LibertyPointe Bank, the 27th banking failure of 2010 and the first to go down in the nation's financial capital since the start of the recent crisis.
Headquartered in Lower Manhattan, LibertyPointe had three branches, $209.5 million in deposits and $209.7 million in assets.
The bank's founder was Shaya Boymelgreen, a prominent New York developer of apartment and condo buildings hit hard by the recent real-estate crash. His bank served the Orthodox Jewish community, and regulators decided on a rare Thursday-night seizure in deference to the religious customs of the bank's employees.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
0
Comments
Proud recipient of two "You Suck" awards