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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/2012-02-06_EmploymentTaxesandWarRFWSPodcast.html</guid>
		<pubDate>Tue, 07 Feb 2012 03:30:24 GMT</pubDate>
		<title>Employment, Taxes, and War | RFWS Podcast ($$)</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_EmploymentTaxesandWarRFWSPodcast.html</link>
		<description><![CDATA[Russ Winter of Winter (Economic and Market) Watch and the Wall Street Examiner's Lee Adler discuss employment and economic malad...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_MFGlobaltrusteesaysmostmissingmoneyfound.html</guid>
		<pubDate>Tue, 07 Feb 2012 03:20:13 GMT</pubDate>
		<title>MF Global trustee says most missing money found</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_MFGlobaltrusteesaysmostmissingmoneyfound.html</link>
		<description><![CDATA[``A trustee seeking to distribute customer securities overseen by bankrupt MF Global Inc. said Monday that they have traced a ma...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_ForeclosureDealDeadlineArrivesasStatesMustChooseWhethertoSignOn.html</guid>
		<pubDate>Tue, 07 Feb 2012 03:10:25 GMT</pubDate>
		<title>Foreclosure Deal Deadline Arrives as States Must Choose Whether to Sign On</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_ForeclosureDealDeadlineArrivesasStatesMustChooseWhethertoSignOn.html</link>
		<description><![CDATA[``While some states have already announced their intention to sign the deal, others including California Attorney General Kamala...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_LowratessupporthousepricesUK.html</guid>
		<pubDate>Tue, 07 Feb 2012 03:00:19 GMT</pubDate>
		<title>Low rates support house prices (UK)</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_LowratessupporthousepricesUK.html</link>
		<description><![CDATA["Despite the modest monthly increase, the price of the average property in the UK was down by 1.8% year-on-year to Ł160,907. The...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_BankofAmericaWellsandChaseslegalwoesmountasNewYorksues.html</guid>
		<pubDate>Tue, 07 Feb 2012 02:50:08 GMT</pubDate>
		<title>Bank of America, Wells and Chase's legal woes mount as New York sues</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_BankofAmericaWellsandChaseslegalwoesmountasNewYorksues.html</link>
		<description><![CDATA["New York Attorney General Eric Schneiderman sued banking's Big Three -- J.P. Morgan Chase , Bank of America and Wells Fargo -- ...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_InsightTwofirmsflourishinfrenziedMFGlobalaftermath.html</guid>
		<pubDate>Tue, 07 Feb 2012 02:40:18 GMT</pubDate>
		<title>Insight: Two firms flourish in frenzied MF Global aftermath</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_InsightTwofirmsflourishinfrenziedMFGlobalaftermath.html</link>
		<description><![CDATA["The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, w...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_CashlessSocietyBankofAmericaRefusesCashforMortgagePayment.html</guid>
		<pubDate>Tue, 07 Feb 2012 02:30:12 GMT</pubDate>
		<title>Cashless Society: Bank of America Refuses Cash for Mortgage Payment</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_CashlessSocietyBankofAmericaRefusesCashforMortgagePayment.html</link>
		<description><![CDATA["The customer attempting to pay his mortgage, firefighter Robert Somerton, recorded the ordeal in Lakeport branch which made the...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-05_RecessionhurtnationoverallbutenergyandfarmstatesandDCprospered.html</guid>
		<pubDate>Tue, 07 Feb 2012 02:20:29 GMT</pubDate>
		<title>Recession hurt nation overall, but energy and farm states [and DC] prospered</title>
		<link>http://implode-explode.com/viewnews/2012-02-05_RecessionhurtnationoverallbutenergyandfarmstatesandDCprospered.html</link>
		<description><![CDATA[``Overall, income rose in 12 of the 50 states and in Washington, D.C. The nation's capital, in fact, posted the biggest increase...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-05_ITSOFFICIALTheHussmanAndECRIRecessionWarningsAreInvalidated.html</guid>
		<pubDate>Tue, 07 Feb 2012 02:10:08 GMT</pubDate>
		<title>IT'S OFFICIAL: The Hussman And ECRI Recession Warnings Are Invalidated</title>
		<link>http://implode-explode.com/viewnews/2012-02-05_ITSOFFICIALTheHussmanAndECRIRecessionWarningsAreInvalidated.html</link>
		<description><![CDATA[`` as of now, two of the four necessary metrics metrics making up his composite based on which he predicted an "imminent recessi...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-05_EuropeanhedgefundstarsprofitinbuoyantJanuaryFloatonECBCash.html</guid>
		<pubDate>Tue, 07 Feb 2012 02:00:04 GMT</pubDate>
		<title>European hedge fund stars profit in buoyant January; Float on ECB Cash</title>
		<link>http://implode-explode.com/viewnews/2012-02-05_EuropeanhedgefundstarsprofitinbuoyantJanuaryFloatonECBCash.html</link>
		<description><![CDATA[``Star European hedge fund managers including Crispin Odey and Pierre Lagrange were among the top performers in an upbeat Januar...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-05_Rentingoutforeclosures.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:50:09 GMT</pubDate>
		<title>Renting out foreclosures</title>
		<link>http://implode-explode.com/viewnews/2012-02-05_Rentingoutforeclosures.html</link>
		<description><![CDATA["Throughout metro Atlanta, thousands of vacant homes now owned by the federal government sit languishing -- dragging down home v...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_WhatIfWereBeyondMerePolicyTweaks.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:40:06 GMT</pubDate>
		<title>What If We're Beyond Mere Policy Tweaks?</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_WhatIfWereBeyondMerePolicyTweaks.html</link>
		<description><![CDATA[``The mainstream view uniting the entire political spectrum is that all our financial problems can be fixed by what amounts to t...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-05_JeffGellesBigfinanceboostingitspoliticalgifts.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:30:08 GMT</pubDate>
		<title>Jeff Gelles: Big finance boosting its political gifts  </title>
		<link>http://implode-explode.com/viewnews/2012-02-05_JeffGellesBigfinanceboostingitspoliticalgifts.html</link>
		<description><![CDATA["...,why did some Democrats seem so cozy during the Dodd-Frank debates with a financial industry whose unwise risks almost trigg...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_AmericanForeclosureHitsBottomWithTowerAuctioninAtlanta.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:20:25 GMT</pubDate>
		<title>American Foreclosure Hits Bottom With Tower Auction in Atlanta</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_AmericanForeclosureHitsBottomWithTowerAuctioninAtlanta.html</link>
		<description><![CDATA[``Atlanta's 55-story Bank of America Plaza, the tallest tower in the Southeast, is set to be sold at an open outcry auction on t...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_LawmakerspushFannieFreddietowritedownmortgageprincipal.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:10:07 GMT</pubDate>
		<title>Lawmakers push Fannie, Freddie to write-down mortgage principal</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_LawmakerspushFannieFreddietowritedownmortgageprincipal.html</link>
		<description><![CDATA["Rep. Barney Frank and two other House Financial Services Committee Democrats on Monday pressed Edward DeMarco, the regulator of...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_WhiteHousetopushhousingplandespiteRepublicanopposition.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:10:07 GMT</pubDate>
		<title>White House to push housing plan despite Republican opposition</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_WhiteHousetopushhousingplandespiteRepublicanopposition.html</link>
		<description><![CDATA["The White House has recently promised major steps to boost the housing market and help struggling homeowners, but bruising figh...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_MakingOvertheMallWithParksandSermons.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:00:16 GMT</pubDate>
		<title>Making Over the Mall With Parks and Sermons</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_MakingOvertheMallWithParksandSermons.html</link>
		<description><![CDATA[``as though they were upholstering polyester chairs from the 1960s with Martha Stewart fabric, urban planners and community acti...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_RonPaulWarnsOfFederalReservePowerGrab.html</guid>
		<pubDate>Tue, 07 Feb 2012 01:00:16 GMT</pubDate>
		<title>Ron Paul Warns Of Federal Reserve Power Grab   						 </title>
		<link>http://implode-explode.com/viewnews/2012-02-06_RonPaulWarnsOfFederalReservePowerGrab.html</link>
		<description><![CDATA["Not only was Obama's appointment of Richard Cordray to the misnamed Consumer Financial Protection Bureau (CFPB) unconstitutiona...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_ExposingSilverMythologyPartII.html</guid>
		<pubDate>Tue, 07 Feb 2012 00:50:05 GMT</pubDate>
		<title>Exposing Silver Mythology, Part II</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_ExposingSilverMythologyPartII.html</link>
		<description><![CDATA[Judging by its own words, the CFTC apparently sees no need to actively "regulate" the silver market until silver inventories hit...]]></description>
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		<guid isPermaLink="true">http://implode-explode.com/viewnews/2012-02-06_DealIsCloserforaUSPlanonMortgageRelief.html</guid>
		<pubDate>Tue, 07 Feb 2012 00:50:05 GMT</pubDate>
		<title>Deal Is Closer for a U.S. Plan on Mortgage Relief</title>
		<link>http://implode-explode.com/viewnews/2012-02-06_DealIsCloserforaUSPlanonMortgageRelief.html</link>
		<description><![CDATA["The biggest remaining holdout, California, has returned to the negotiating table after a four-month absence, a change of heart ...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2012/01/22/a-different-kind-of-bank-scandal/</guid>
		<pubDate>Mon, 23 Jan 2012 04:50:03 GMT</pubDate>
		<title>
A Different Kind Of Bank Scandal
</title>
		<link>http://bankimplode.com/blog/2012/01/22/a-different-kind-of-bank-scandal/</link>
		<description><![CDATA[ATM murders: another dirty little secret of the banking industry. And one they've actively worked to cover up.......]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2008/01/21/what-is-the-abx-index/</guid>
		<pubDate>Tue, 02 Aug 2011 21:40:04 GMT</pubDate>
		<title>
What is the ABX INDEX?
</title>
		<link>http://bankimplode.com/blog/2008/01/21/what-is-the-abx-index/</link>
		<description><![CDATA[An asset-backed securities index is a credit derivative instrument with asset-backed securities as an underlying. On January 17,...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2011/07/16/jp-morgans-off-balance-sheet/</guid>
		<pubDate>Sun, 17 Jul 2011 18:20:04 GMT</pubDate>
		<title>
JP Morganâ€™s off-Balance Sheet
</title>
		<link>http://bankimplode.com/blog/2011/07/16/jp-morgans-off-balance-sheet/</link>
		<description><![CDATA[The bank lowered its loss provisions by two-thirds... That little rebalancing freed up $1.55 billion to settle gently to the bot...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2009/03/25/penision-implosion/</guid>
		<pubDate>Thu, 02 Jun 2011 19:20:03 GMT</pubDate>
		<title>
Penision Implosion
</title>
		<link>http://bankimplode.com/blog/2009/03/25/penision-implosion/</link>
		<description><![CDATA[First the housing market took a dive. Then the stock market imploded. Now the blast of the bursting credit bubble is taking jobs...]]></description>
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	<item>
		<guid isPermaLink="true">http://bankimplode.com/blog/2011/05/26/dealflow-fraud-allegations-erupt-for-fdic-shuttered-usa-bank-of-greenwich-ct/</guid>
		<pubDate>Thu, 26 May 2011 23:30:03 GMT</pubDate>
		<title>
DealFlow: Fraud Allegations Erupt for FDIC-Shuttered USA Bank of Greenwich, CT
</title>
		<link>http://bankimplode.com/blog/2011/05/26/dealflow-fraud-allegations-erupt-for-fdic-shuttered-usa-bank-of-greenwich-ct/</link>
		<description><![CDATA[Here at BankImplode we are running an "enhanced" pickup of a DealFlow piece reported by Teri Buhl in the May 24th, 2011 Distress...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2011/05/19/the-monstrous-house-of-morgan/</guid>
		<pubDate>Fri, 20 May 2011 15:40:03 GMT</pubDate>
		<title>
The Monstrous House of Morgan
</title>
		<link>http://bankimplode.com/blog/2011/05/19/the-monstrous-house-of-morgan/</link>
		<description><![CDATA[Before the credit bubble exploded in the summer of 2007 JP Morgan was considered on the Street to be something less than the bea...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2011/02/20/feeding-on-you/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 GMT</pubDate>
		<title>
Feeding On You
</title>
		<link>http://bankimplode.com/blog/2011/02/20/feeding-on-you/</link>
		<description><![CDATA[Nothing better illustrates the snake eating its tail that has become the American economy better than the news that the nice boy...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/10/28/is-it-time-to-give-wall-street-a-sopranos-style-intervention/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 GMT</pubDate>
		<title>
Is It Time To Give Wall Street A Sopranos Style Intervention?
</title>
		<link>http://bankimplode.com/blog/2010/10/28/is-it-time-to-give-wall-street-a-sopranos-style-intervention/</link>
		<description><![CDATA[Steve Dibert, MFI-Miami The other morning while I was eating my eggs and venison hash, I was watching reruns of The Sopranos on ...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/10/18/florida-homeowners-are-losing-the-fight-but-it%E2%80%99s-not-because-of-the-banks/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 GMT</pubDate>
		<title>
Florida Homeowners Are Losing The Fight But Itâ€™s Not Because Of The Banks
</title>
		<link>http://bankimplode.com/blog/2010/10/18/florida-homeowners-are-losing-the-fight-but-it%E2%80%99s-not-because-of-the-banks/</link>
		<description><![CDATA[Steve Dibert, MFI-Miami Since starting MFI-Miami over two years ago, Iâ€™ve seen a lot of craziness in regards to foreclosure resc...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/09/27/cancer-victim-sues-bofa-over-illegal-foreclosure/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 GMT</pubDate>
		<title>
Michigan Cancer Victim Sues BofA Over Illegal Foreclosure
</title>
		<link>http://bankimplode.com/blog/2010/09/27/cancer-victim-sues-bofa-over-illegal-foreclosure/</link>
		<description><![CDATA[From Steve Dibert, MFI-Miami Several months back I wrote an article about Lynne Lucas, a client of MFI-Miami who had been put th...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2008/01/21/level-3-assets/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 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! Ed note, spring 2010: 2nd phase o...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/2010/09/03/can-deflation-catch-a-falling-dollar/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 GMT</pubDate>
		<title>
Can â€śDeflationâ€ť Catch a Falling Dollar?
</title>
		<link>http://bankimplode.com/blog/2010/09/03/can-deflation-catch-a-falling-dollar/</link>
		<description><![CDATA[â€śInflation is always and everywhere a monetary event,â€ť so sayeth Milton Friedman. Following this intellectual tradition, recentl...]]></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>Tue, 12 Apr 2011 19:52:10 GMT</pubDate>
		<title>
Foreclosure Defense 101 Lesson 3: Donâ€™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>Tue, 12 Apr 2011 19:52:10 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/2010/07/22/2010-bank-failures-add-up-to-nearly-17b-fdic-hit/</guid>
		<pubDate>Tue, 12 Apr 2011 19:52:10 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>Tue, 12 Apr 2011 19:52:10 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>Tue, 12 Apr 2011 19:52:10 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 donâ€™t usually blog about pending investigations involving my clients because it could jeopardize any po...]]></description>
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