How many banks will they announce tonight??? Aug 1st

"Is the collapse of the dollar inevitable?"

www.dailypaul.com/node/58...

Another one yesterday!
http://money.cnn.com/2008...

is the one that McCain's son just resigned from? They had huge losses...and he quits......hold on...let me find it..

Here it is...

http://www.politicalbase....

I would be pulling all of my cash on this one before Friday!! LOL

Here is the list of finalists by stock symbol:

WHI

RGFC (recently delisted but still traded OTC) (Also exempt from naked shorts.) (I thought that was odd. I think this one is toast)

CCFH

FMAR

SSBX

This is only a finalist list that is publicly traded. There are many community banks that are privately owned.

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

this Friday or next.

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

http://www.ft.com/cms/s/0...

www.bankimplode.com this is a nice bank site. Looks like first priority bank went down today

http://www.fdic.gov/

lol yep we should all start a group called the Friday Fed Failure Forum ..... lol the FFFF

SunTrust Bank Acquires the Insured Deposits of First Priority Bank, Bradenton, Florida

FOR IMMEDIATE RELEASE
August 1, 2008
Media Contacts:
Andrew Gray (Cell: 202-494-1049)
David Barr (Cell: 703-622-4790; Office: 202-898-6992)

First Priority Bank, Bradenton, Florida, was closed today by the Commissioner of the Florida Office of Financial Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with SunTrust Bank, Atlanta, Georgia, to assume the insured deposits of First Priority.

The six branches of First Priority will reopen on Monday as branches of SunTrust Bank. Depositors of the failed bank will automatically become depositors of SunTrust. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. For the time being, however, customers of both banks should use their existing branches until SunTrust can fully integrate the deposit records of First Priority.

Over the weekend, customers of First Priority can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.

continue...http://www.fdic.gov/news/news/press/2008/pr08065.html

____ _____ _____ _____ ______ ______ _____ ___
“Revolutions never go backward.”
Wendell Phillips

drop down window?

A little humor on a not so funny subject.

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

will be one of them. McCain's son just left there for "Personal Reasons" around a week ago and it is now being reported the CEO has just resigned.

This along with the huge losses they are reporting makes me think they are about to tank. I don't see how they could be solvent at this point.

The Federal Reserve seems to always do their seizing of banks on a Friday, and only after the Markets have closed for the day.

Who knows for sure, my guess is they could have seized more than two banks last weekend alone. But are instead staggering them out over time so not to panic the sheep, who they want to stay calm while being sheered.

My guess is there could be some additional banks this weekend, maybe three or four.

hjschaapman

They will be west coast banks. If any at all.

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

Best day to fire someone and to tell the world you are insolvent.

where did you hear more banks were closinng today?

somewhere between zero and 20 is my guess.

what are you talking about? bank collapses?