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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-22692</guid>
		<pubDate>Fri, 20 Nov 2009 19:30:14 GMT</pubDate>
		<title>Disingenuous Credit Card Whining And Questionable Risk Policies At Citigroup</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_DisingenuousCreditCardWhiningAndQuestionableRiskPoliciesAtCitigr.html</link>
		<description><![CDATA[" Citigroup is whining that new regulations eliminate pricing for risk. So what does it do? Jack up rates is the answer."...]]></description>
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		<guid isPermaLink="false">iehi-feed-22680</guid>
		<pubDate>Fri, 20 Nov 2009 19:30:14 GMT</pubDate>
		<title>Gross isn’t buying corporates, high yield or equities even with zero rates</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_Grossisntbuyingcorporateshighyieldorequitiesevenwithzerorates.html</link>
		<description><![CDATA["This is what’s called an asset-based recovery and is exactly the same model we followed in 1992 and 2002. the Federal reserve l...]]></description>
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		<guid isPermaLink="false">iehi-feed-22674</guid>
		<pubDate>Fri, 20 Nov 2009 19:20:18 GMT</pubDate>
		<title>Why No One’s Watching Fannie and Freddie</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_WhyNoOnesWatchingFannieandFreddie.html</link>
		<description><![CDATA["An arcane legal matter has left the agency charged with overseeing Fannie Mae and Freddie Mac without an independent inspector ...]]></description>
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		<guid isPermaLink="false">iehi-feed-22679</guid>
		<pubDate>Fri, 20 Nov 2009 19:10:06 GMT</pubDate>
		<title>Delinquent Mortgages Equal to Three Times A Balanced For-Sale Inventory</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_DelinquentMortgagesEqualtoThreeTimesABalancedForSaleInventory.html</link>
		<description><![CDATA[" Eight million homes with delinquent mortgages represent a staggering 300% of the normal supply of existing homes for sale. Wit...]]></description>
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		<guid isPermaLink="false">iehi-feed-22677</guid>
		<pubDate>Fri, 20 Nov 2009 19:00:22 GMT</pubDate>
		<title>Ron Paul, Alan Grayson Audit The Fed Bill Approved In House Finance Committee  </title>
		<link>http://implode-explode.com/viewnews/2009-11-20_RonPaulAlanGraysonAuditTheFedBillApprovedInHouseFinanceCommittee.html</link>
		<description><![CDATA[" In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved b...]]></description>
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		<guid isPermaLink="false">iehi-feed-22673</guid>
		<pubDate>Fri, 20 Nov 2009 18:50:11 GMT</pubDate>
		<title>Barney Frank Pushes for Regulation Despite Financial Industry Funds</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_BarneyFrankPushesforRegulationDespiteFinancialIndustryFunds.html</link>
		<description><![CDATA["An arcane legal matter has left the agency charged with overseeing Fannie Mae and Freddie Mac without an independent inspector ...]]></description>
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		<guid isPermaLink="false">iehi-feed-22672</guid>
		<pubDate>Fri, 20 Nov 2009 18:40:17 GMT</pubDate>
		<title>Audit The Fed Effort Wins Support From An Unusual Coalition</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_AuditTheFedEffortWinsSupportFromAnUnusualCoalition.html</link>
		<description><![CDATA[An unusual coalition of progressive economists, labor leaders, and bloggers has decided to fight back against a congressional am...]]></description>
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		<guid isPermaLink="false">iehi-feed-22676</guid>
		<pubDate>Fri, 20 Nov 2009 18:30:13 GMT</pubDate>
		<title>Own to Rent: Breaking Down Fannie Mae’s Deed for Lease Program</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_OwntoRentBreakingDownFannieMaesDeedforLeaseProgram.html</link>
		<description><![CDATA[Good article giving an overview of Fannie's "Deed For Lease" program (where your house becomes a rental). Includes nice monthly ...]]></description>
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		<guid isPermaLink="false">iehi-feed-22670</guid>
		<pubDate>Fri, 20 Nov 2009 18:20:12 GMT</pubDate>
		<title>Congressman Kevin Brady</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_CongressmanKevinBrady.html</link>
		<description><![CDATA[The video is a good run down of our ills...]]></description>
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		<guid isPermaLink="false">iehi-feed-22683</guid>
		<pubDate>Fri, 20 Nov 2009 18:10:23 GMT</pubDate>
		<title>Wall Street Claims Ignorance</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_WallStreetClaimsIgnorance.html</link>
		<description><![CDATA[``The government propaganda minions in the financial media have done it again this week, claiming that the flattening trend of n...]]></description>
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		<guid isPermaLink="false">iehi-feed-22669</guid>
		<pubDate>Fri, 20 Nov 2009 18:00:23 GMT</pubDate>
		<title>Economists Opposing Fed Audit Have Undisclosed Fed Ties</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_EconomistsOpposingFedAuditHaveUndisclosedFedTies.html</link>
		<description><![CDATA[As the debate over an audit of the Federal Reserve intensifies in the House, one camp is trotting out eight academics that it ca...]]></description>
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		<guid isPermaLink="false">iehi-feed-22691</guid>
		<pubDate>Fri, 20 Nov 2009 17:50:22 GMT</pubDate>
		<title>House Amendment Poses Threat to Lending Liquidity</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_HouseAmendmentPosesThreattoLendingLiquidity.html</link>
		<description><![CDATA[On the same day that Treasury Secretary Tim Geithner was in downtown Washington calling on banks to boost lending, up on Capitol...]]></description>
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		<guid isPermaLink="false">iehi-feed-22688</guid>
		<pubDate>Fri, 20 Nov 2009 17:40:20 GMT</pubDate>
		<title>Banking veteran leading buyers toward Baytree</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_BankingveteranleadingbuyerstowardBaytree.html</link>
		<description><![CDATA[" Baytree — formed nearly a decade ago by the late Howard Adams, a co-founder of Lake Forest-based Wintrust Financial Corp. — ra...]]></description>
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		<guid isPermaLink="false">iehi-feed-22687</guid>
		<pubDate>Fri, 20 Nov 2009 17:40:20 GMT</pubDate>
		<title>How The Old Gold Bugs Lost Control Of Gold (GLD)</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_HowTheOldGoldBugsLostControlOfGoldGLD.html</link>
		<description><![CDATA["The true gold bugs of yesteryear are no longer in charge. Though they're probably not complaining given that retail demand is m...]]></description>
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		<guid isPermaLink="false">iehi-feed-22682</guid>
		<pubDate>Fri, 20 Nov 2009 17:30:25 GMT</pubDate>
		<title>State Monitors Oversee Modifications in California Bill</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_StateMonitorsOverseeModificationsinCaliforniaBill.html</link>
		<description><![CDATA[The California Assembly is considering AB 1588, which would implement the Monitored Mortgage Workout (MMW) Program. MMW would pr...]]></description>
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		<guid isPermaLink="false">iehi-feed-22686</guid>
		<pubDate>Fri, 20 Nov 2009 17:20:38 GMT</pubDate>
		<title>ABCP Outstandings Slip 35% in 2009</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_ABCPOutstandingsSlip35in2009.html</link>
		<description><![CDATA["Fitch also indicated in the ABCP market commentary a positive outlook on global recovery despite recent projections by French i...]]></description>
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		<guid isPermaLink="false">iehi-feed-22681</guid>
		<pubDate>Fri, 20 Nov 2009 16:30:06 GMT</pubDate>
		<title>Risk versus the US dollar</title>
		<link>http://implode-explode.com/viewnews/2009-11-20_RiskversustheUSdollar.html</link>
		<description><![CDATA[If and when the Federal Reserve moves out of the mortgage backed securities field -a move expected in the first quarter of 2010-...]]></description>
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		<guid isPermaLink="false">iehi-feed-22666</guid>
		<pubDate>Fri, 20 Nov 2009 16:20:18 GMT</pubDate>
		<title>Hedging Shortfalls May Raise RMBS Ratings Volatility: Moody’s</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_HedgingShortfallsMayRaiseRMBSRatingsVolatilityMoodys.html</link>
		<description><![CDATA[" Certain hedging shortfalls on residential mortgage-backed security (RMBS) transactions in Europe, the Middle East and Africa (...]]></description>
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		<guid isPermaLink="false">iehi-feed-22664</guid>
		<pubDate>Fri, 20 Nov 2009 16:10:20 GMT</pubDate>
		<title>Moody’s May Cut Goldman Debt in $450 Billion Review </title>
		<link>http://implode-explode.com/viewnews/2009-11-19_MoodysMayCutGoldmanDebtin450BillionReview.html</link>
		<description><![CDATA["Debt sold by Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. is among the $450 billion of securities that Moo...]]></description>
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		<guid isPermaLink="false">iehi-feed-22663</guid>
		<pubDate>Fri, 20 Nov 2009 16:00:19 GMT</pubDate>
		<title>Post-Mortems Reveal Obvious Risk at Banks</title>
		<link>http://implode-explode.com/viewnews/2009-11-19_PostMortemsRevealObviousRiskatBanks.html</link>
		<description><![CDATA["The coroner’s report left no doubt as to the cause of death: toxic loans."...]]></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>
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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>
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		<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>
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		<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>
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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>
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		<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>
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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>
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		<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>
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		<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>
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		<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>
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		<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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