Archive for May, 2009
Thursday, May 28th, 2009
This falls in the "you had better take it seriously" category, as it is the continuation, or End Game, of the New World Order. It also explains every President's obsession with the destruction of law and civil liberties. The mass murder of four billion is better carried out by a ...
Posted in Bank Bailout Count, BREAKING NEWS! | No Comments »
Tuesday, May 26th, 2009
The Federal Reserve is a cartel of private banks created in 1913, principally by JP Morgan and John D. Rockefeller. History says the bankers were no more popular in 1913 than they are today, so any bill putting a private bank in charge of the people's money was dead ...
Posted in Bank Bailout Count, BREAKING NEWS!, CENTRAL BANKERS | No Comments »
Friday, May 22nd, 2009
Citizens National Bank of Macomb, IL, was seized by federal banking regulators, becoming the second Illinois bank to fail today and the fifth in the state so far this year.
Citizens will reopen Saturday as branches of Morton Community Bank of Morton.
Citizens has total deposits of approximately $400 million. Morton Community will ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 22nd, 2009
Morgan Stanley prospered in the credit bubble by peddling all manner of subprime snake oil and toxic contagion to all creatures of lesser credit rating. Then the bubble burst like a chameleon and Morgan Stanley changed its colors to become a plain old bank. Fortunately, the bank can't hide the red ...
Posted in BREAKING NEWS! | 1 Comment »
Friday, May 22nd, 2009
Regulators seized a Champaign, Illinois, bank late Friday, as the financial crisis claimed the 35th federally insured financial institution of 2009.
The Federal Deposit Insurance Corp. estimated that the failure of Strategic Capital Bank would cost its deposit-insurance fund $173 million. Strategic is the fourth Illinois bank to be closed by ...
Posted in FDIC FAILED BANKS | No Comments »
Tuesday, May 19th, 2009
This afternoon, FDIC took BKUNA’s assets into receivership. It is the 34th bank to fail in 2009. The Deposit Insurance Fund will absorb an estimated $4.9 billion in losses, which represents 57% of the total deposits BKUNA had as of May 2nd. With total assets of $12.8 billion, BKUNA ties DSL as the ...
Posted in FDIC FAILED BANKS | No Comments »
Tuesday, May 19th, 2009
Think this is no biggie,? Think again. This is how food riots begin. Witness:
More lenders are tightening their restrictions for agricultural loans in the Midwest at the same time that repayments on loans have dropped, The Federal Reserve Bank of Kansas City says.
The Federal Reserve reported Friday that its quarterly survey ...
Posted in Bank Bailout Count, BREAKING NEWS! | No Comments »
Sunday, May 17th, 2009
Armed with their new "Mark-to-Mickey Mouse" accounting sub-standards, JP Morgan felt free to report their fiscal first quarter 2009 earnings in the traditional manner of the credit bubble. They frontloaded profits with one time gains, papered over losses, and beat phony prearranged expectations. On paper at least, the ruse worked. ...
Posted in Bank Bailout Count, BREAKING NEWS! | 4 Comments »
Tuesday, May 12th, 2009
The government under Teddy Roosevelt's administration busted up Standard Oil and John D. Rockefeller was informed of this while golfing on his private course. When asked what he was going to do he stated calmly, "buy standard oil." Somehow it never occurred to anyone else that calling it a different ...
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Saturday, May 9th, 2009
Anyone who doesn't believe that the The Federal Reserve is moving for one world dictatorship had better open at least one blind eye to see the obvious. Some know that The FED is a private bank, but it's more accurate to say it's cartel of banks. The owners are themselves ...
Posted in BREAKING NEWS!, CENTRAL BANKERS | No Comments »
