Friday.... waiting for the next bank to be 'annexed' by the feds...
Submitted by LastAmericanStanding on Fri, 09/05/2008 - 16:15
Anyone hear anything??
Any bets? One bank? Two? McCain's son's (ex)bank?
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another one bites the dust!
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
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
The company i work for
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
If voting could really change things,
it would be illegal.
Propping up the banks ,,why
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.
If voting could really change things,
it would be illegal.
I may be mistaken but I think commercial banks are the only
banks that have access to the discount window.
The regional banks are not afforded such access.
WAHOR!!
http://www.dailypaul.com/node/48994
WAHOR!!
http://www.dailypaul.com/node/48994
Well, well.... didn't have to wait too long.
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...
I may not know the truth, but I know when I'm being lied to...