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<title>BankImplode.com News</title>
<link>http://bankimplode.com/</link>
<description>Tracking the many faces of the global credit bubble.  This feed includes both IEHI network news pickups and BankImplode blog commentary.  </description>
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		<guid isPermaLink="false">iehi-feed-22348</guid>
		<pubDate>Sat, 07 Nov 2009 08:20:19 GMT</pubDate>
		<title>US split: Collapse of 'shattered union' to begin with Texas?</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_USsplitCollapseofshattereduniontobeginwithTexas.html</link>
		<description><![CDATA[" Russian economist and academic Igor Panarin says that there is a strong possibility that the United States will break into six...]]></description>
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		<guid isPermaLink="false">iehi-feed-22357</guid>
		<pubDate>Sat, 07 Nov 2009 08:10:19 GMT</pubDate>
		<title>United Commercial Bank, San Francisco, California</title>
		<link>http://bankimplode.com/blog/2009/11/06/united-commercial-bank-san-francisco-california/</link>
		<description><![CDATA[United Commercial Bank, San Francisco, California, becomes FDIC deadbeat number 120 of 2009 as the agency closed the zombie bank...]]></description>
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		<guid isPermaLink="false">iehi-feed-22356</guid>
		<pubDate>Sat, 07 Nov 2009 08:10:19 GMT</pubDate>
		<title>Gateway Bank of St. Louis, St. Louis, Missouri,</title>
		<link>http://bankimplode.com/blog/2009/11/06/gateway-bank-of-st-louis-st-louis-missouri/</link>
		<description><![CDATA[Gateway Bank of St. Louis, St. Louis, Missouri comes in at number 119 on the FDIC beat down parade of 2009. Read our full covera...]]></description>
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		<guid isPermaLink="false">iehi-feed-22355</guid>
		<pubDate>Sat, 07 Nov 2009 08:10:19 GMT</pubDate>
		<title>Imploded: Prosperan Bank, Oakdale, Minnesota</title>
		<link>http://bankimplode.com/blog/2009/11/06/prosperan-bank-oakdale-minnesota/</link>
		<description><![CDATA[Prosperan Bank, Oakdale, Minnesota comes in at number 118 on the FDIC beat down parade of 2009. Read our full coverage here....]]></description>
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		<guid isPermaLink="false">iehi-feed-22347</guid>
		<pubDate>Sat, 07 Nov 2009 07:30:21 GMT</pubDate>
		<title>The wildly optimistic view of Treasury’s handling of the crisis</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_ThewildlyoptimisticviewofTreasuryshandlingofthecrisis.html</link>
		<description><![CDATA[" The overall gist of the strategy was that Treasury wanted to identify the weak, give them time to grow stronger, and, in so do...]]></description>
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		<guid isPermaLink="false">iehi-feed-22346</guid>
		<pubDate>Sat, 07 Nov 2009 07:20:21 GMT</pubDate>
		<title>JPMorgan Said to Detect Kiener Scam That Stung Banks </title>
		<link>http://implode-explode.com/viewnews/2009-11-06_JPMorganSaidtoDetectKienerScamThatStungBanks.html</link>
		<description><![CDATA[" - JPMorgan Chase & Co. found an unsettling fact buried in the books of newly acquired Bear Stearns Cos. last year: The brokera...]]></description>
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		<guid isPermaLink="false">iehi-feed-22345</guid>
		<pubDate>Sat, 07 Nov 2009 07:10:19 GMT</pubDate>
		<title>Fannie - When Does The CHARADE Stop?</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_FannieWhenDoesTheCHARADEStop.html</link>
		<description><![CDATA[``This is an organization that is going to die on it's present course. Only extraordinary intervention has kept it from happenin...]]></description>
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		<guid isPermaLink="false">iehi-feed-22354</guid>
		<pubDate>Sat, 07 Nov 2009 07:00:20 GMT</pubDate>
		<title>Imploded: Home Federal Savings Bank, Detroit, Michigan</title>
		<link>http://bankimplode.com/blog/2009/11/06/home-federal-savings-bank-detroit-michigan/</link>
		<description><![CDATA[Home Federal Savings Bank, Detroit, Michigan, becomes the FDIC’s 117th victim of 2009. Read our full coverage here....]]></description>
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		<guid isPermaLink="false">iehi-feed-22344</guid>
		<pubDate>Sat, 07 Nov 2009 06:50:19 GMT</pubDate>
		<title>Countrywide Ex-CEO Mozilo to Face SEC Charges in Court</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_CountrywideExCEOMozilotoFaceSECChargesinCourt.html</link>
		<description><![CDATA[" A federal judge ruled that former Countrywide CEO Angelo Mozilo must face allegations of securities fraud and insider trading ...]]></description>
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		<guid isPermaLink="false">iehi-feed-22342</guid>
		<pubDate>Sat, 07 Nov 2009 06:40:19 GMT</pubDate>
		<title>Banks Thwarting Feinberg Pay Model by Changing Bonus Formulas</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_BanksThwartingFeinbergPayModelbyChangingBonusFormulas.html</link>
		<description><![CDATA[" Global leaders and regulators trying to rein in banker pay are proposing everything from clamping down on guaranteed bonuses t...]]></description>
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		<guid isPermaLink="false">iehi-feed-22353</guid>
		<pubDate>Sat, 07 Nov 2009 06:30:21 GMT</pubDate>
		<title>Imploded: United Security Bank, Sparta, GA</title>
		<link>http://bankimplode.com/blog/2009/11/06/united-security-bank-sparta-georgia/</link>
		<description><![CDATA[United Security Bank, Sparta, GA became the 116th FDIC bank to Implode this year. Read our full coverage here....]]></description>
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		<guid isPermaLink="false">iehi-feed-22352</guid>
		<pubDate>Sat, 07 Nov 2009 06:20:19 GMT</pubDate>
		<title>PennyMac Falls After Surprise Loss on Slow Deployment of Assets</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_PennyMacFallsAfterSurpriseLossonSlowDeploymentofAssets.html</link>
		<description><![CDATA["PennyMac posted a net loss of $730,000, or 4 cents a share, for its initial two months of business ended Sept. 30, the Calabasa...]]></description>
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		<guid isPermaLink="false">iehi-feed-22351</guid>
		<pubDate>Sat, 07 Nov 2009 06:10:21 GMT</pubDate>
		<title>THE INFLUENCE GAME: Business aided by jobless bill</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_THEINFLUENCEGAMEBusinessaidedbyjoblessbill.html</link>
		<description><![CDATA[" Emergency help for the jobless will be a huge windfall for Realtors, homebuilders, mortgage bankers and others, and that's no ...]]></description>
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		<guid isPermaLink="false">iehi-feed-22341</guid>
		<pubDate>Sat, 07 Nov 2009 06:00:20 GMT</pubDate>
		<title>Lehman’s U.K. Administrator’s Can’t Distribute Assets </title>
		<link>http://implode-explode.com/viewnews/2009-11-06_LehmansUKAdministratorsCantDistributeAssets.html</link>
		<description><![CDATA[" PricewaterhouseCoopers, the administrators of Lehman Brothers International Europe, had sought to speed up the process of retu...]]></description>
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		<guid isPermaLink="false">iehi-feed-22340</guid>
		<pubDate>Sat, 07 Nov 2009 05:50:20 GMT</pubDate>
		<title>Moynihan Said to Testify in House BofA-Merrill Probe </title>
		<link>http://implode-explode.com/viewnews/2009-11-06_MoynihanSaidtoTestifyinHouseBofAMerrillProbe.html</link>
		<description><![CDATA["Brian Moynihan, a contender to succeed Bank of America Corp. Chief Executive Officer Kenneth D. Lewis, agreed to testify before...]]></description>
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		<guid isPermaLink="false">iehi-feed-22339</guid>
		<pubDate>Sat, 07 Nov 2009 05:40:21 GMT</pubDate>
		<title>RBS Posts Quarterly Loss on $5.5 Billion Provisions </title>
		<link>http://implode-explode.com/viewnews/2009-11-06_RBSPostsQuarterlyLosson55BillionProvisions.html</link>
		<description><![CDATA[" - Royal Bank of Scotland Group Plc, Britain’s biggest government-controlled bank, had a third- quarter loss after 3.3 billion ...]]></description>
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		<guid isPermaLink="false">iehi-feed-22338</guid>
		<pubDate>Sat, 07 Nov 2009 05:30:20 GMT</pubDate>
		<title>AIG Plunges as Sales Decline at Property-Casualty, Life Units</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_AIGPlungesasSalesDeclineatPropertyCasualtyLifeUnits.html</link>
		<description><![CDATA[Third quarter property-casualty premiums dropped 13 percent, and life insurance sales plunged 16 percent, New York-based AIG sai...]]></description>
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		<guid isPermaLink="false">iehi-feed-22337</guid>
		<pubDate>Sat, 07 Nov 2009 05:20:21 GMT</pubDate>
		<title>Nomura, Barclays Lure Bankers as Rivals Cut Jobs, Cap Bonuses</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_NomuraBarclaysLureBankersasRivalsCutJobsCapBonuses.html</link>
		<description><![CDATA[" Barclays Plc and Nomura Holdings Inc., which never ranked among the top 10 merger advisers worldwide in the past decade, are l...]]></description>
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		<guid isPermaLink="false">iehi-feed-22336</guid>
		<pubDate>Sat, 07 Nov 2009 05:10:21 GMT</pubDate>
		<title>Flu shots for Wall Street stirs ire in New York</title>
		<link>http://implode-explode.com/viewnews/2009-11-06_FlushotsforWallStreetstirsireinNewYork.html</link>
		<description><![CDATA[New York City health officials scrambled to explain themselves on Thursday in the wake of media reports about bankers who got sc...]]></description>
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		<guid isPermaLink="false">iehi-feed-22334</guid>
		<pubDate>Sat, 07 Nov 2009 05:00:20 GMT</pubDate>
		<title>Unemployment in U.S. Jumps to 10.2%, Payrolls Fall </title>
		<link>http://implode-explode.com/viewnews/2009-11-06_UnemploymentinUSJumpsto102PayrollsFall.html</link>
		<description><![CDATA[" The unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecas...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3281</guid>
		<pubDate>Fri, 06 Nov 2009 16:20:21 GMT</pubDate>
		<title>
Bonita Bay Brawl: Are Club Members “Victims” Of Developer Lucas and KeyBank?
</title>
		<link>http://bankimplode.com/blog/2009/09/29/bonita-bay-brawl-are-members-victims-of-lucas-and-keybank/</link>
		<description><![CDATA[The developer of Bonita Bay Club, an exclusive golf community on Florida’s west coast, is using aggressive tactics to get the cl...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3254</guid>
		<pubDate>Fri, 06 Nov 2009 16:10:22 GMT</pubDate>
		<title>
Screw You
</title>
		<link>http://bankimplode.com/blog/2009/09/22/screw-you/</link>
		<description><![CDATA[Bank of America is taking the hard line at every turn with the government whose citizens saved it. The bank is the recent recipi...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3252</guid>
		<pubDate>Fri, 06 Nov 2009 16:00:26 GMT</pubDate>
		<title>
Elderly Bank Bandit Robbed to Pay Off Mortgage
</title>
		<link>http://bankimplode.com/blog/2009/09/20/elderly-bank-bandit-robbed-to-pay-off-mortgage/</link>
		<description><![CDATA[Well why not; the banks have been robing us not so much blind as with our hands tied. So this old geyser tried to take a little ...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=2829</guid>
		<pubDate>Fri, 06 Nov 2009 15:50:23 GMT</pubDate>
		<title>
The Hypocritical Mainstream Financial Media
</title>
		<link>http://bankimplode.com/blog/2009/07/23/the-hypocritical-mainstream-financial-media/</link>
		<description><![CDATA[The main Stream financial press is outted and the proof is they are going after the bloggers. The bloggers who were ignored when...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3234</guid>
		<pubDate>Fri, 06 Nov 2009 15:40:22 GMT</pubDate>
		<title>
Bernankey Lies Like a Rug
</title>
		<link>http://bankimplode.com/blog/2009/09/17/bernankey-lies-like-a-rug/</link>
		<description><![CDATA[With green shoots are sprouting up all over the road ways and side walks and Ben Bernanke’s shrill statement that the “recession...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3207</guid>
		<pubDate>Fri, 06 Nov 2009 15:30:38 GMT</pubDate>
		<title>
Time To Talk
</title>
		<link>http://bankimplode.com/blog/2009/09/16/time-to-talk/</link>
		<description><![CDATA[Someone had better get word to Judge Jed S. Rakoff fast, that he screwed up yesterday when he refused to go along with a cozy li...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3179</guid>
		<pubDate>Fri, 06 Nov 2009 15:20:32 GMT</pubDate>
		<title>
The Human Cost
</title>
		<link>http://bankimplode.com/blog/2009/09/15/the-human-cost/</link>
		<description><![CDATA[Much has been made in the mainstream financial media of the difference between Bear Stearns and Lehman Brothers, there the shril...]]></description>
	</item>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3126</guid>
		<pubDate>Fri, 06 Nov 2009 15:10:14 GMT</pubDate>
		<title>
Jonh Mack Takes one Step Down
</title>
		<link>http://bankimplode.com/blog/2009/09/11/jonh-mack-takes-one-step-down/</link>
		<description><![CDATA[You can now be sure that the Obama administration mini bubble is fully inflated and set to pop. Morgan Stanley Chief Executive A...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3119</guid>
		<pubDate>Fri, 06 Nov 2009 15:00:33 GMT</pubDate>
		<title>
The First Shot?
</title>
		<link>http://bankimplode.com/blog/2009/09/09/the-first-shot/</link>
		<description><![CDATA[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 ...]]></description>
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		<guid isPermaLink="false">
http://bankimplode.com/blog/?p=2549#comment-1646</guid>
		<pubDate>Fri, 06 Nov 2009 14:50:22 GMT</pubDate>
		<title>
By: Bank-Implode! � Blog Archive � Citigroup - $301B
</title>
		<link>http://bankimplode.com/blog/2009/06/25/citi-cover-up/comment-page-1/#comment-1646</link>
		<description><![CDATA[[...] profit out of the hat in its fiscal first quarter 2009. The first quarter is in the book as the $300 billion bombshell tic...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3084</guid>
		<pubDate>Fri, 06 Nov 2009 14:40:24 GMT</pubDate>
		<title>
Pack Mule
</title>
		<link>http://bankimplode.com/blog/2009/08/26/pack-mule/</link>
		<description><![CDATA[Bank of America continues to plod through the aftermath of the credit bubble burst like an old, overburdened pack mule. With red...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=2948</guid>
		<pubDate>Fri, 06 Nov 2009 14:30:25 GMT</pubDate>
		<title>
Gun Slinger
</title>
		<link>http://bankimplode.com/blog/2009/07/22/gun-slinger/</link>
		<description><![CDATA[Wells Fargo swaggered like a gunslinger into it’s fiscal second quarter 2009 earnings reporting session and when the smoke clear...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=2921</guid>
		<pubDate>Fri, 06 Nov 2009 14:20:22 GMT</pubDate>
		<title>
Is it Time To Short Wells Again?
</title>
		<link>http://bankimplode.com/blog/2009/08/07/is-it-time-to-short-well/</link>
		<description><![CDATA[by Teri Buhl for BankImplode.com The smart money has turned bearish on Wells Fargo again. Yesterday, rapid put volume and big bl...]]></description>
	</item>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=40</guid>
		<pubDate>Fri, 06 Nov 2009 14:10:17 GMT</pubDate>
		<title>
Level 3 Assets
</title>
		<link>http://bankimplode.com/blog/2008/01/21/level-3-assets/</link>
		<description><![CDATA[EFFECTIVE November 15, 2007, FAS 157 & FAS 159 must be implemented! GET READY FOR NEXT CRISIS!......]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=2734</guid>
		<pubDate>Fri, 06 Nov 2009 14:00:19 GMT</pubDate>
		<title>
Dark Star
</title>
		<link>http://bankimplode.com/blog/2009/07/16/dark-star-2/</link>
		<description><![CDATA[Goldman Sachs is imploding right before your very eyes — though they do not see. The gale force winds blown by the mainstream fi...]]></description>
	</item>
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		<guid isPermaLink="false">
http://bankimplode.com/blog/?p=509#comment-1401</guid>
		<pubDate>Fri, 06 Nov 2009 13:50:15 GMT</pubDate>
		<title>
By: Erika Smith
</title>
		<link>http://bankimplode.com/blog/2008/11/25/amtrust-bank-cleveland-ohio/comment-page-1/#comment-1401</link>
		<description><![CDATA[Thanks goodness something has been done about this illegal company. I have heard plenty of horrible thing over the past few year...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3220</guid>
		<pubDate>Fri, 06 Nov 2009 01:50:21 GMT</pubDate>
		<title>
Exclusive – Wells Fargo’s Commercial Portfolio is a ticking time bomb
</title>
		<link>http://bankimplode.com/blog/2009/09/17/wells-fargo-s-commercial-portfolio-is-a-ticking-time-bomb-exclusive/</link>
		<description><![CDATA[Wells Fargo’s Commercial Portfolio is a ticking time bomb By Teri Buhl In order to sort through the disaster that is Wells Fargo...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3122</guid>
		<pubDate>Fri, 06 Nov 2009 01:40:21 GMT</pubDate>
		<title>
Why Won’t Anyone ask Why?
</title>
		<link>http://bankimplode.com/blog/2009/09/10/why-wont-anyone-ask-why/</link>
		<description><![CDATA[Although its namesake John Pierpoint Morgan owned less than 20% of J.P. Morgan & Co. he certainly understood the business model ...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3432</guid>
		<pubDate>Fri, 06 Nov 2009 01:30:21 GMT</pubDate>
		<title>
Fed Speak
</title>
		<link>http://bankimplode.com/blog/2009/11/05/fed-speak/</link>
		<description><![CDATA[I don’t know how I was able to force myself to watch,” Inside the Meltdown” on the Frontline. It was a propaganda piece is dress...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3033</guid>
		<pubDate>Tue, 29 Sep 2009 16:30:23 GMT</pubDate>
		<title>
Citi in Limbo
</title>
		<link>http://bankimplode.com/blog/2009/08/18/3033/</link>
		<description><![CDATA[Citigroup lingers in a limbo, caught in the cross currents of continuously re-balancing forces. The force of survival, with it’s...]]></description>
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