Archive for June, 2009

Mirae Bank, Los Angeles, CA

Friday, June 26th, 2009

The FDIC made Mirae Bank, Los Angeles, CA it's fifth closure of the day and 45th of 2009: Mirae Bank of Los Angeles was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation as receiver, the FDIC announced in a press release. To protect the ...

MetroPacific Bank

Friday, June 26th, 2009

On Friday, June 26, MetroPacific Bank, Irvine, CA, was closed and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. The California Department of Financial Institutions (DFI) announced today that regulators have closed MetroPacific Bank, citing inadequate capital. As of June 15, 2009, MetroPacific Bank, located in Irvine, had total assets ...

Horizon Bank, Pine City, MN

Friday, June 26th, 2009

On Friday, June 26, 2009, Horizon Bank, Pine City, MN, was closed without notice by the Minnesota Department of Commerce, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Horizon Bank of Pine City, which has struggled with soaring real estate losses, was shut down today by state regulators. Larger Stearns ...

Neighborhood Community Bank, Newnan, GA

Friday, June 26th, 2009

Neighborhood Community Bank, Newnan, GA was the 42 bank closed by the FDIC this year.   Newnan-based Neighborhood Community Bank was seized by state and federal bank regulators late Friday, the 14th bank failure in Georgia since August 2008 and the second in one day. CharterBank, based in West Point, Ga., will assume ...

Community Bank of West Georgia, Villa Rica, GA

Friday, June 26th, 2009

The FDIC closed the 41st bank this year, Community Bank of West Georgia, in Villa Rica, GA, after the market closed tonight. Community Bank of West Georgia, in Villa Rica, Ga.became the 41st bank of the year to fail, according to the Federal Deposit Insurance Corp. Friday. FDIC said it will mail ...

Citi Cover Up

Thursday, June 25th, 2009

Citigroup share holders and taxpayers alike thought the Citigroup blood bath would never end. Even as the bank celebrates its first profit in five consecutive quarters, the bleeding hasn't subsided. The bank's fiscal first quarter 2009 $1.6B profit is the result of a concerted public relations effort spun with accounting tricks ...

Don Bernanke

Thursday, June 25th, 2009

My favorite movie of all time is The Godfather, but I actually don't care one bit for the gangster violence. Rather, I love the film for the metaphor it draws. What a strange coincidence that there were five brothers of Rothschild and five families (Mafia) of New York. The Federal ...

But Only On Sunday

Wednesday, June 24th, 2009

Information is the lifeblood of Liberty, both financial and political. The media are the gatekeepers to the info-flow, so it is no wonder that wars are fought with false justifications and false flag attacks. The corporate grip on the main stream media is powerful and pervasive. For proof, one need look ...

Kiss Yours Goodbye

Monday, June 22nd, 2009

I didn't feel this threatened when the unPATRIOTic Act was passed, and certainly no other act of man or law could be so treasonous. No other act by public servant or personal friend could be such betrayal. And as Ron Paul nurses legislation to audit the Fed through the obstacle ...

First National Bank of Anthony, Anthony, KS

Friday, June 19th, 2009

The FDIC made First National Bank of Anthony, Anthony, KS, the 40th bank closed by the agency in 2009. Anthony, Kan.-based First National Bank of Anthony became the third bank seized by regulators Friday, marking the 40th bank failure of 2009, according to the Federal Deposit Insurance Corporation. South Hutchinson, Kan.-based ...