Archive for September, 2009

The First Shot?

Wednesday, September 9th, 2009

Is this the shot to be heard round the world in the coming debtor revolt? Even as the new hope Obama asks you to go deeper into debt to the banksters, an angry new kind of debtor is emerging, and here she is. I believe she is acting on principal, but ...

First State Bank, Flagstaff, Arizona

Friday, September 4th, 2009

First State Bank, Flagstaff, Arizona, is the 89th FDIC-bank failure, and the third in Arizona. First State Bank, Flagstaff, Arizona, was closed today by the Arizona Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and ...

Platinum Community Bank, Rolling Meadows, Illinois

Friday, September 4th, 2009

Platinum Community Bank, Rolling Meadows, Illinois, became the 87th FDIC casuality of 2009 tonight. The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of Platinum Community Bank, Rolling Meadows, Illinois. The bank was closed today by the Office of Thrift Supervision, which appointed the FDIC as receiver. The ...

Vantus Bank, Sioux City, Iowa

Friday, September 4th, 2009

The winner for being the 88th FDIC bank implosion of 2009 goes to Vantus Bank, Sioux City, Iowa. Vantus Bank, Sioux City, Iowa, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a ...

InBank, Oak Forest, Illinois

Friday, September 4th, 2009

InBank, Oak Forest, Illinois, has become the 86th bank failure to be shut down by the FDIC. InBank, Oak Forest, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation, Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the ...

First Bank of Kansas City, Kansas City, Missouri

Friday, September 4th, 2009

The FDIC closed down it's 85th bank of 2009 and the second in Missouri tonight. The victim: First Bank of Kansas City, Kansas City, Missouri. First Bank of Kansas City, Kansas City, Missouri, was closed today by the Missouri Division of Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. ...