I bank with a few different people. I look every Friday at 4:01pm night to see if I have a long weekend ahead of me. MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
There are bigger fish to fry these days. The "health" of our banking system is now irrevocably tied to our top 5-6 banks. As the FDIC makes deals and supervises the take over of failing smaller banks it doesn't change all that much. The FDIC picks up more liabilities that are ultimately passed along to tax payers. None of that will come to a head until one of the big boyz goes down in a heap. The FDIC could shutter another 500 banks tomorrow and it probably wouldn't matter. It's all about semantics anyways as there are probably >1,000 banks they could/should close tomorrow but won't. Perception matters. The banks they are closing this year probably should have been closed a couple years ago. Same basic reason the big banks held back on foreclosures for so long....way too many to handle all at once. But again, it's about MOPE.
cohodk
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Keep an open mind, or get financially repressed -Zoltan Pozsar
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Weiss took a sabbatical.
Now that you mention it that was Weiss's duty! MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
of failing smaller banks it doesn't change all that much. The FDIC picks up more liabilities that are ultimately passed along to tax payers. None of that will come to a head until
one of the big boyz goes down in a heap. The FDIC could shutter another 500 banks tomorrow and it probably wouldn't matter. It's all about semantics anyways as there
are probably >1,000 banks they could/should close tomorrow but won't. Perception matters. The banks they are closing this year probably should have been closed a couple years
ago. Same basic reason the big banks held back on foreclosures for so long....way too many to handle all at once. But again, it's about MOPE.
<< <i>What happened? Not gloomy enough anymore?
Banking regulators shutter five banks across U.S. >>
to depressing