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	<title>Bank-Implode!</title>
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		<title>Park Avenue Bank, New York, New York</title>
		<link>http://bankimplode.com/blog/2010/03/12/park-avenue-bank-new-york-new-york/</link>
		<comments>http://bankimplode.com/blog/2010/03/12/park-avenue-bank-new-york-new-york/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 22:50:58 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3620</guid>
		<description><![CDATA[Park Avenue Bank, New York, New York is the 28th FDIC-insured institution to fail in the nation this year, at an estimated cost to the Deposit Insurance Fund (DIF) will be $50.7 million. The FDIC will acquire a cash appreciation instrument for it&#8217;s troubles.
As part of the consideration for the Park Avenue Bank transaction, Valley [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Statewide Bank, Covington, Louisiana</title>
		<link>http://bankimplode.com/blog/2010/03/12/statewide-bank-covington-louisiana/</link>
		<comments>http://bankimplode.com/blog/2010/03/12/statewide-bank-covington-louisiana/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 22:22:37 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3624</guid>
		<description><![CDATA[Statewide Bank, Covington, Louisiana, becomes the 30th FDIC insured institution to be closed by the agency in 2010. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $38.1 million.
Statewide Bank, Covington, Louisiana, was closed today by the Louisiana Office of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/12/statewide-bank-covington-louisiana/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Old Southern Bank, Orlando, Florida</title>
		<link>http://bankimplode.com/blog/2010/03/12/old-southern-bank-orlando-florida/</link>
		<comments>http://bankimplode.com/blog/2010/03/12/old-southern-bank-orlando-florida/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 22:14:50 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3622</guid>
		<description><![CDATA[Old Southern Bank, Orlando, Florida, was closed today by Florida regulators and passed off to the Federal Deposit Insurance Corporation (FDIC). It was the 29th FDIC closure this year. The estimated cost to the Deposit Insurance Fund (DIF) will be $94.6 million.
Old Southern Bank, Orlando, Florida, was closed today by the Florida Office of Financial [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/12/old-southern-bank-orlando-florida/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>LibertyPointe Bank, New York, New York</title>
		<link>http://bankimplode.com/blog/2010/03/11/libertypointe-bank-new-york-new-york/</link>
		<comments>http://bankimplode.com/blog/2010/03/11/libertypointe-bank-new-york-new-york/#comments</comments>
		<pubDate>Fri, 12 Mar 2010 01:53:33 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3618</guid>
		<description><![CDATA[LibertyPointe Bank, New York, New York was the 27th FDIC insured closed by the agency this year. In a rare occurrence the bank was shuttered on a Thursday. The estimated hit to the Deposit Insurance Fund (DIF) will be $24.8 million.
LibertyPointe Bank, New York, New York, was closed today by the New York State Banking [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/11/libertypointe-bank-new-york-new-york/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are TARP Funds Being Used To Fund Cheap Overseas Call Centers?</title>
		<link>http://bankimplode.com/blog/2010/03/09/are-tarp-funds-being-used-to-fund-cheap-overseas-call-centers/</link>
		<comments>http://bankimplode.com/blog/2010/03/09/are-tarp-funds-being-used-to-fund-cheap-overseas-call-centers/#comments</comments>
		<pubDate>Tue, 09 Mar 2010 06:44:26 +0000</pubDate>
		<dc:creator>MFIMiami</dc:creator>
				<category><![CDATA[BREAKING NEWS!]]></category>
		<category><![CDATA[SOLUTIONS/ALTERNATIVES]]></category>
		<category><![CDATA[Bank Bailouts]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[bank reform]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Banking Horror Stories]]></category>
		<category><![CDATA[BofA]]></category>
		<category><![CDATA[Business News]]></category>
		<category><![CDATA[Congressional Oversight Panel]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Financial Reform]]></category>
		<category><![CDATA[JP Morgan Chase]]></category>
		<category><![CDATA[mfi-miami]]></category>
		<category><![CDATA[overseas call-centers]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[Too Big To Fail]]></category>
		<category><![CDATA[wells fargo]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3614</guid>
		<description><![CDATA[Steve Dibert, MFI-Miami
Yesterday afternoon a client of mine and I had to call JP Morgan Chase about the whereabouts of his file MFI-Miami requested 2 months ago. After being told quite adamantly that my client would have to pay $10 per document we were requesting (that’s a subject for another article I’m working on) and [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Waterfield Bank, Germantown, Maryland</title>
		<link>http://bankimplode.com/blog/2010/03/06/waterfield-bank-germantown-maryland/</link>
		<comments>http://bankimplode.com/blog/2010/03/06/waterfield-bank-germantown-maryland/#comments</comments>
		<pubDate>Sun, 07 Mar 2010 00:23:13 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3599</guid>
		<description><![CDATA[Waterfield Bank, Germantown, Maryland, is the 25th bank to fail in the nation in 2010. The FDIC estimates that the cost to its Deposit Insurance Fund will be $51.0 million.
Waterfield Bank, Germantown, Maryland, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/06/waterfield-bank-germantown-maryland/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Have we repelled the Ferengi Invasion?</title>
		<link>http://bankimplode.com/blog/2010/03/06/have-we-repelled-the-ferengi-invasion/</link>
		<comments>http://bankimplode.com/blog/2010/03/06/have-we-repelled-the-ferengi-invasion/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 18:12:50 +0000</pubDate>
		<dc:creator>MFIMiami</dc:creator>
				<category><![CDATA[BREAKING NEWS!]]></category>
		<category><![CDATA[SOLUTIONS/ALTERNATIVES]]></category>
		<category><![CDATA[bank reform]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[Ferengi]]></category>
		<category><![CDATA[Ferengi Rules of Acquisition]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[Gran Negus Zek]]></category>
		<category><![CDATA[Too Big To Fail]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3587</guid>
		<description><![CDATA[Steve Dibert, MFI-Miami
Many of you may not know a dirty little secret that is only known to a handful of conspiracy theorists. In the mid 1980s, America was invaded by an alien race known as the Ferengi. The Ferengi are known for their Anarcho-capitalist society which everything revolves around profit and the accumulation of wealth.
Their [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/06/have-we-repelled-the-ferengi-invasion/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Lawrence County School Employees Federal Credit Union New Castle, Pa.</title>
		<link>http://bankimplode.com/blog/2010/03/05/lawrence-county-school-employees-federal-credit-union-new-castle-pa/</link>
		<comments>http://bankimplode.com/blog/2010/03/05/lawrence-county-school-employees-federal-credit-union-new-castle-pa/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 04:31:09 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[CREDIT UNION FAILURES]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3612</guid>
		<description><![CDATA[Lawrence County School Employees Federal Credit Union New Castle, Pa. became the fourth liquidation of a federally insured credit union this year.
NCUA announced this afternoon that it has liquidated the $2.5 million Lawrence County School Employees Federal Credit Union, which had been headquartered in New Castle, Pa.
At the time of its liquidation, Lawrence County FCU [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/05/lawrence-county-school-employees-federal-credit-union-new-castle-pa/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Centennial Bank, Ogden, Utah</title>
		<link>http://bankimplode.com/blog/2010/03/05/centennial-bank-ogden-utah/</link>
		<comments>http://bankimplode.com/blog/2010/03/05/centennial-bank-ogden-utah/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 00:28:52 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3601</guid>
		<description><![CDATA[Centennial Bank, Ogden, Utah, failed today when the FDIC approved the payout of insured deposits. It is the 26th FDIC-insured institution to fail this year. The FDIC estimates the cost of the failure to its Deposit Insurance Fund to be approximately $96.3 million.
The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits [...]]]></description>
		<wfw:commentRss>http://bankimplode.com/blog/2010/03/05/centennial-bank-ogden-utah/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bank of Illinois, Normal, IL</title>
		<link>http://bankimplode.com/blog/2010/03/05/bank-of-illinois-normal-il/</link>
		<comments>http://bankimplode.com/blog/2010/03/05/bank-of-illinois-normal-il/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 00:14:50 +0000</pubDate>
		<dc:creator>Tony</dc:creator>
				<category><![CDATA[FDIC FAILED BANKS]]></category>

		<guid isPermaLink="false">http://bankimplode.com/blog/?p=3595</guid>
		<description><![CDATA[Bank of Illinois, Normal, IL becomes the 24th FDIC-insured institution to fail in 2010,at an estimated cost to the Deposit Insurance Fund (DIF) will be $53.7 million.
Bank of Illinois, Normal, Illinois, was closed today by the Illinois Department of Financial Professional Regulation – Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as [...]]]></description>
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		<slash:comments>0</slash:comments>
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