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Friday.... waiting for the next bank to be 'annexed' by the feds...

Submitted by LastAmericanStanding on Fri, 09/05/2008 - 15:15
in
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Anyone hear anything??

Any bets? One bank? Two? McCain's son's (ex)bank?

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another one bites the dust!

Submitted by SIERRAHPBT on Fri, 09/05/2008 - 23:40.

another one bites the dust! and another ones gone , another ones gone! , another one bites the dust!

as for me and my home, we shall worship the LORD

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“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

Hey McCain-----┌П┐(◣_◢)┌П┐

The company i work for

Submitted by doctor011 on Fri, 09/05/2008 - 23:19.

had 0 Dollars in the pention fund in fannie and freddy 2 years ago . At last report, before the down turn 6 million . Now back to 0

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If voting could really change things,
it would be illegal. Here is hoping for change!

Propping up the banks ,,why

Submitted by doctor011 on Fri, 09/05/2008 - 23:15.

Propping up the banks ,,why you will not get a true accounting of bank failures
View Edit
Posted September 5th, 2008 by doctor011
http://biz.yahoo.com/ap/0...

AP
Banks borrow more from Fed; Wall Street takes pass
Thursday September 4, 4:32 pm ET
By Jeannine Aversa, AP Economics Writer
Fed: Banks borrow more from emergency lending program; investment firms take pass

WASHINGTON (AP) -- Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms took a pass for the fifth week in a row.
A Fed report released Thursday said commercial banks averaged $18.98 billion in daily borrowing over the past week. That compared with a daily average of $18.47 billion in the previous week.

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If voting could really change things,
it would be illegal. Here is hoping for change!

I may be mistaken but I think commercial banks are the only

Submitted by obscure titles on Fri, 09/05/2008 - 23:17.

banks that have access to the discount window.

The regional banks are not afforded such access.

WAHOR!!
http://www.dailypaul.com/node/48994

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WAHOR!!
http://www.dailypaul.com/node/48994

Well, well.... didn't have to wait too long.

Submitted by LastAmericanStanding on Fri, 09/05/2008 - 23:11.

http://www.fdic.gov/news/news/press/2008/pr08077.html

Silver State. Gee, what a shocker.

Also, I heard that Fanni/Freddie might be annexed by the fed as soon as this weekend... does that count too?

I may not know the truth, but I know when I'm being lied to...

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I may not know the truth, but I know when I'm being lied to...