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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="true">http://implode-explode.com/viewnews/2010-09-02_RomerCallsforMoreStimulus.html</guid>
		<pubDate>Fri, 03 Sep 2010 10:10:03 GMT</pubDate>
		<title>Romer Calls for More Stimulus</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_RomerCallsforMoreStimulus.html</link>
		<description><![CDATA["U.S. Council of Economic Advisers Chairman Christina Romer, in her final speech before stepping down, called on the country to ...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-03_WhyMarketIsNowMoreCertainThanEverThatGreeceWillDefaultAndAEurope.html</guid>
		<pubDate>Fri, 03 Sep 2010 10:00:02 GMT</pubDate>
		<title>Why Market Is Now More Certain Than Ever That Greece Will Default, And A European Funding Update</title>
		<link>http://implode-explode.com/viewnews/2010-09-03_WhyMarketIsNowMoreCertainThanEverThatGreeceWillDefaultAndAEurope.html</link>
		<description><![CDATA["One of the stealthier developments over the past months has been the ever wider creep in Greek CDS, especially in the longer-da...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_ForeclosuresPosePotentialTroubleonElectionDay.html</guid>
		<pubDate>Fri, 03 Sep 2010 01:30:02 GMT</pubDate>
		<title>Foreclosures Pose Potential Trouble on Election Day</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_ForeclosuresPosePotentialTroubleonElectionDay.html</link>
		<description><![CDATA["By law, voters must register in the county in which they reside, meaning eligibility is tied to home address. Foreclosure proce...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_ATermiteRiddledHouseTreasuryBonds.html</guid>
		<pubDate>Fri, 03 Sep 2010 01:10:26 GMT</pubDate>
		<title> A Termite-Riddled House: Treasury Bonds</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_ATermiteRiddledHouseTreasuryBonds.html</link>
		<description><![CDATA[Right now, we are at a stage where Treasury bonds are as weakened as a termite-riddled house. They look fine: Nice glossy coat o...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_KarzaisbrothercallsforUStoshoreupKabulBankaswithdrawalsaccelerat.html</guid>
		<pubDate>Fri, 03 Sep 2010 01:00:03 GMT</pubDate>
		<title>Karzai's brother calls for U.S. to shore up Kabul Bank as withdrawals accelerate</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_KarzaisbrothercallsforUStoshoreupKabulBankaswithdrawalsaccelerat.html</link>
		<description><![CDATA["As depositors thronged branches of Afghanistan's biggest bank, Mahmoud Karzai, the brother of the Afghan president and a major ...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_CitigroupContinuesUSRetailMakeover.html</guid>
		<pubDate>Fri, 03 Sep 2010 00:50:03 GMT</pubDate>
		<title>Citigroup Continues U.S. Retail Makeover</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_CitigroupContinuesUSRetailMakeover.html</link>
		<description><![CDATA["Citigroup (C) is simplifying its U.S. retail checking account offerings which means more choice for consumers, but potentially ...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_CanYouHearMeNow17thWeeklyFundOutflowAsEquityFundRedemptionsAccel.html</guid>
		<pubDate>Fri, 03 Sep 2010 00:40:03 GMT</pubDate>
		<title>Can You Hear Me Now? 17th Weekly Fund Outflow As Equity Fund Redemptions Accelerate</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_CanYouHearMeNow17thWeeklyFundOutflowAsEquityFundRedemptionsAccel.html</link>
		<description><![CDATA["This is just getting silly: perhaps the next update on ICI mutual fund flows should occur if there is an inflow for once...ever...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_BlameForLehmanBankruptcyLiesWithRichardFuld.html</guid>
		<pubDate>Fri, 03 Sep 2010 00:30:02 GMT</pubDate>
		<title>Blame For Lehman Bankruptcy Lies With Richard Fuld  </title>
		<link>http://implode-explode.com/viewnews/2010-09-02_BlameForLehmanBankruptcyLiesWithRichardFuld.html</link>
		<description><![CDATA["Richard Fuld, who pocketed $484 million in compensation between 2000 and 2008 when Lehman Brothers collapsed, must be a masochi...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_Foreclosuresheavytollonhealth.html</guid>
		<pubDate>Fri, 03 Sep 2010 00:20:02 GMT</pubDate>
		<title>Foreclosures' heavy toll on health</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_Foreclosuresheavytollonhealth.html</link>
		<description><![CDATA[Almost a third of those dealing with home foreclosure threats reported that their mental and emotional health had worsened durin...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_DoesItReallyMatterIfWeGetAnotherQE.html</guid>
		<pubDate>Fri, 03 Sep 2010 00:10:03 GMT</pubDate>
		<title>Does It Really Matter If We Get Another QE?</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_DoesItReallyMatterIfWeGetAnotherQE.html</link>
		<description><![CDATA[``If Bernanke DOES announce some new massive QE 2 program the subsequent spike in equities will only last a short time before st...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_WallStreetInsidersWantOutSelling100MillioninStock.html</guid>
		<pubDate>Thu, 02 Sep 2010 21:10:03 GMT</pubDate>
		<title>Wall Street Insiders Want Out, Selling $100 Million in Stock</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_WallStreetInsidersWantOutSelling100MillioninStock.html</link>
		<description><![CDATA["Officers and directors of Goldman Sachs, J.P. Morgan, Citigroup, and Wells Fargo have sold about $100 million worth of stock so...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_LoanModProfilesInTrialLimbo.html</guid>
		<pubDate>Thu, 02 Sep 2010 21:00:03 GMT</pubDate>
		<title>Loan Mod Profiles: In Trial Limbo </title>
		<link>http://implode-explode.com/viewnews/2010-09-02_LoanModProfilesInTrialLimbo.html</link>
		<description><![CDATA["Based on stories from hundreds of homeowners, we're showing what it has been like to seek a mortgage modification through the g...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_TwoFedofficialssaymoreeasingwonthelponjobs.html</guid>
		<pubDate>Thu, 02 Sep 2010 20:50:07 GMT</pubDate>
		<title>Two Fed officials say more easing won't help on jobs</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_TwoFedofficialssaymoreeasingwonthelponjobs.html</link>
		<description><![CDATA["Two top Federal Reserve officials said on Wednesday the U.S. central bank should not rush into more monetary easing, which woul...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_CaliforniaCopsTaserSeniorCitizeninHisOwnHome.html</guid>
		<pubDate>Thu, 02 Sep 2010 20:40:03 GMT</pubDate>
		<title>California Cops Taser Senior Citizen in His Own Home</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_CaliforniaCopsTaserSeniorCitizeninHisOwnHome.html</link>
		<description><![CDATA["Is it possible the actions of new agents of the crown, in the paid service of bankers and transnational corporations, will cont...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_TheUSPathtoCollapse.html</guid>
		<pubDate>Thu, 02 Sep 2010 19:40:03 GMT</pubDate>
		<title>The U.S. Path to Collapse</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_TheUSPathtoCollapse.html</link>
		<description><![CDATA["General Motors reported today that their August deliveries fell 25% from one year ago to 185,176 vehicles. The U.S. government ...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_FedFDICTeamUptoExamineFutureofHousingFinance.html</guid>
		<pubDate>Thu, 02 Sep 2010 19:30:02 GMT</pubDate>
		<title>Fed, FDIC Team Up to Examine Future of Housing Finance</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_FedFDICTeamUptoExamineFutureofHousingFinance.html</link>
		<description><![CDATA["The U.S. Federal Reserve will co-host a conference on the future of housing finance later in the fall amid intensifying efforts...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-02_GoldInvestmentinFailure.html</guid>
		<pubDate>Thu, 02 Sep 2010 18:40:03 GMT</pubDate>
		<title>Gold & Investment in Failure</title>
		<link>http://implode-explode.com/viewnews/2010-09-02_GoldInvestmentinFailure.html</link>
		<description><![CDATA[``Gold does react to the waste of money, the debasement of money, and not so much from inflation entering the system. That comes...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_FHARaisesAnnualPremiumsChargedtoReverseMortgageBorrowers.html</guid>
		<pubDate>Thu, 02 Sep 2010 18:30:02 GMT</pubDate>
		<title>FHA Raises Annual Premiums Charged to Reverse Mortgage Borrowers</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_FHARaisesAnnualPremiumsChargedtoReverseMortgageBorrowers.html</link>
		<description><![CDATA["The Department of Housing and Urban Development announced new changes to the mortgage insurance premiums for the Federal Housin...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_HUDannouncesnewREOpurchaseprogram.html</guid>
		<pubDate>Thu, 02 Sep 2010 18:20:03 GMT</pubDate>
		<title>HUD announces new REO purchase program</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_HUDannouncesnewREOpurchaseprogram.html</link>
		<description><![CDATA["U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has announced an agreement with the nation’s top mortgage lend...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://implode-explode.com/viewnews/2010-09-01_10bailedoutbanksspent163Mlobbyingin1H.html</guid>
		<pubDate>Thu, 02 Sep 2010 18:10:07 GMT</pubDate>
		<title>10 bailed-out banks spent $16.3M lobbying in 1H</title>
		<link>http://implode-explode.com/viewnews/2010-09-01_10bailedoutbanksspent163Mlobbyingin1H.html</link>
		<description><![CDATA["The 10 banks that received the most bailout aid during the financial crisis spent over $16 million on lobbying efforts in the f...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/07/28/foreclosure-defense-101-lesson-3-don%E2%80%99t-argue-the-legitimacy-of-robo-notaries/</guid>
		<pubDate>Wed, 28 Jul 2010 17:00:03 GMT</pubDate>
		<title>
Foreclosure Defense 101 Lesson 3: Don’t Argue the Legitimacy of Robo-Notaries
</title>
		<link>http://bankimplode.com/blog/2010/07/28/foreclosure-defense-101-lesson-3-don%E2%80%99t-argue-the-legitimacy-of-robo-notaries/</link>
		<description><![CDATA[What are Robo-Notaries? Robo-Notaries are usually local title agencies getting paid by Depositors and Trustees to act on their b...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/07/26/2010-bank-failures-exceed-100-17b-in-fdic-cost/</guid>
		<pubDate>Mon, 26 Jul 2010 21:00:03 GMT</pubDate>
		<title>
2010 Bank Failures Exceed 100, $17.2B in FDIC Cost
</title>
		<link>http://bankimplode.com/blog/2010/07/26/2010-bank-failures-exceed-100-17b-in-fdic-cost/</link>
		<description><![CDATA[The ink was barely dry on our last post with the full tally, when another 7 bit the dust, pushing the total expected FDIC expens...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2008/01/21/level-3-assets/comment-page-1/#comment-1689</guid>
		<pubDate>Mon, 26 Jul 2010 00:50:02 GMT</pubDate>
		<title>
By: Dennis
</title>
		<link>http://bankimplode.com/blog/2008/01/21/level-3-assets/comment-page-1/#comment-1689</link>
		<description><![CDATA[do you have the site that you can look up your personal bank’s exposure to deravitive risk?......]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2008/01/21/level-3-assets/comment-page-1/#comment-1002</guid>
		<pubDate>Mon, 26 Jul 2010 00:50:02 GMT</pubDate>
		<title>
By: ken proctor
</title>
		<link>http://bankimplode.com/blog/2008/01/21/level-3-assets/comment-page-1/#comment-1002</link>
		<description><![CDATA[do you have the site that you can look up your personal bank's exposure to deravitive risk?......]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2010/07/22/2010-bank-failures-add-up-to-nearly-17b-fdic-hit/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
2010 Bank Failures Add Up To Nearly $17B FDIC Hit
</title>
		<link>http://bankimplode.com/blog/2010/07/22/2010-bank-failures-add-up-to-nearly-17b-fdic-hit/</link>
		<description><![CDATA[Boy, it really starts to add up, doesn't it? This makes quick work of almost half of the FDIC's $40B pre-payment trick. What nex...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/07/21/is-bank-of-america-hiding-an-insolvency-problem-from-the-public/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
Is Bank of America Hiding an Insolvency Problem From The Public?
</title>
		<link>http://bankimplode.com/blog/2010/07/21/is-bank-of-america-hiding-an-insolvency-problem-from-the-public/</link>
		<description><![CDATA[Steve Dibert, MFI-Miami The cool thing about owning a company like MFI-Miami is that I get to chat on and off the record with a ...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/06/29/bofa-fannie-mae-illegally-foreclose-on-michigan-cancer-victim/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
BofA and Fannie Mae Illegally Foreclose on Michigan Cancer Victim
</title>
		<link>http://bankimplode.com/blog/2010/06/29/bofa-fannie-mae-illegally-foreclose-on-michigan-cancer-victim/</link>
		<description><![CDATA[Steve Dibert MFI-Miami I don’t usually blog about pending investigations involving my clients because it could jeopardize any po...]]></description>
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	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2010/06/12/wake-up-mortgage-industry-lynch-mobs-are-a-tool-of-the-banking-industry/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
Wake Up! Mortgage Industry Lynch Mobs Are a Tool of the Banking Industry
</title>
		<link>http://bankimplode.com/blog/2010/06/12/wake-up-mortgage-industry-lynch-mobs-are-a-tool-of-the-banking-industry/</link>
		<description><![CDATA[“We’ve lost something vital, I tell you. When we lost it, we lost the ability to make good decisions. We fall upon decisions the...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/05/23/a-return-to-california-uber-alles/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
A Return to California �ber Alles?
</title>
		<link>http://bankimplode.com/blog/2010/05/23/a-return-to-california-uber-alles/</link>
		<description><![CDATA[Steve Dibert, MFI-Miami Many of you youngsters weren’t around to remember the punk movement of the late 1970s and early 1980s wh...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/05/12/are-friends-of-angelo-still-receiving-perks-from-bank-of-america/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
Are Friends of Angelo Still Receiving Perks From Bank of America?
</title>
		<link>http://bankimplode.com/blog/2010/05/12/are-friends-of-angelo-still-receiving-perks-from-bank-of-america/</link>
		<description><![CDATA[Steve Dibert, MFI-Miami While driving to Miami last week, I began receiving phone calls from homeowners telling me they were rec...]]></description>
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	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2010/04/30/wall-street-says-%E2%80%9Chey-main-street-we%E2%80%99re-taking-your-jobs%E2%80%9D/</guid>
		<pubDate>Fri, 23 Jul 2010 00:09:13 GMT</pubDate>
		<title>
Wall Street says “Hey, Main Street we’re taking your jobs!”
</title>
		<link>http://bankimplode.com/blog/2010/04/30/wall-street-says-%E2%80%9Chey-main-street-we%E2%80%99re-taking-your-jobs%E2%80%9D/</link>
		<description><![CDATA[Steve Dibert, MFI-Miami One of my contacts on Wall Street sent me a copy of this email that has been floating around. If anyone ...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/04/18/the-real-reason-banks-won%E2%80%99t-modify-your-loan-and-it-involves-grandma%E2%80%99s-pension/</guid>
		<pubDate>Sun, 18 Apr 2010 23:40:23 GMT</pubDate>
		<title>
The Real Reason Banks Won’t Modify Your Loan and It Involves Grandma’s Pension
</title>
		<link>http://bankimplode.com/blog/2010/04/18/the-real-reason-banks-won%E2%80%99t-modify-your-loan-and-it-involves-grandma%E2%80%99s-pension/</link>
		<description><![CDATA[I began working on this project last year at the peak of the modification frenzy and finished it about a month ago. I originally...]]></description>
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	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2008/01/21/level-3-assets/</guid>
		<pubDate>Wed, 14 Apr 2010 15:30:19 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/2010/03/23/appraisal-fraud-and-the-impact-of-valuation-on-foreclosure-defense/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 GMT</pubDate>
		<title>
Appraisal Fraud and the Impact of Valuation on Foreclosure Defense
</title>
		<link>http://bankimplode.com/blog/2010/03/23/appraisal-fraud-and-the-impact-of-valuation-on-foreclosure-defense/</link>
		<description><![CDATA[Cindi Dixon, MFI-Miami Mortgage fraud is generally understood as borrowers overstating income or misrepresenting their intent to...]]></description>
	</item>
	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2010/03/09/are-tarp-funds-being-used-to-fund-cheap-overseas-call-centers/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 GMT</pubDate>
		<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>
		<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...]]></description>
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	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2010/03/06/have-we-repelled-the-ferengi-invasion/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 GMT</pubDate>
		<title>
Have we repelled the Ferengi Invasion?
</title>
		<link>http://bankimplode.com/blog/2010/03/06/have-we-repelled-the-ferengi-invasion/</link>
		<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. ...]]></description>
	</item>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/03/02/are-the-banks-the-new-big-brother/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 GMT</pubDate>
		<title>
Are The Banks The New Big Brother?
</title>
		<link>http://bankimplode.com/blog/2010/03/02/are-the-banks-the-new-big-brother/</link>
		<description><![CDATA[Steve Dibert I have been rereading Frank Herbert’s science fiction masterpiece, Children of Dune and I came across this interest...]]></description>
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	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2009/11/05/fed-speak/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 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/2009/09/29/bonita-bay-brawl-are-members-victims-of-lucas-and-keybank/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 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/2009/09/22/screw-you/</guid>
		<pubDate>Mon, 12 Apr 2010 20:30:08 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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