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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-25146</guid>
		<pubDate>Sat, 13 Mar 2010 15:00:11 GMT</pubDate>
		<title>Imploded: Statewide Bank, Covington, Louisiana</title>
		<link>http://bankimplode.com/blog/2010/03/12/statewide-bank-covington-louisiana/</link>
		<description><![CDATA[Statewide Bank, Covington, Louisiana, becomes the 30th FDIC insured institution to be closed by the agency in 2010. The agency e...]]></description>
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		<guid isPermaLink="false">iehi-feed-25145</guid>
		<pubDate>Sat, 13 Mar 2010 14:50:20 GMT</pubDate>
		<title>Imploded: Old Southern Bank, Orlando, Florida</title>
		<link>http://bankimplode.com/blog/2010/03/12/old-southern-bank-orlando-florida/</link>
		<description><![CDATA[was the 29th FDIC insured closed by the agency this year. In a rare occurrence the bank was shuttered on a Thursday. Read our fu...]]></description>
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		<guid isPermaLink="false">iehi-feed-25143</guid>
		<pubDate>Sat, 13 Mar 2010 14:50:20 GMT</pubDate>
		<title>Imploded: Park Avenue Bank, New York, New York</title>
		<link>http://bankimplode.com/blog/2010/03/12/park-avenue-bank-new-york-new-york/</link>
		<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 ...]]></description>
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		<guid isPermaLink="false">iehi-feed-25141</guid>
		<pubDate>Sat, 13 Mar 2010 14:50:20 GMT</pubDate>
		<title>Greece debt: EU agrees bailout deal</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_GreecedebtEUagreesbailoutdeal.html</link>
		<description><![CDATA["The eurozone has agreed a multibillion-euro bailout for Greece as part of a package to shore up the single currency after weeks...]]></description>
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		<guid isPermaLink="false">iehi-feed-25140</guid>
		<pubDate>Sat, 13 Mar 2010 14:40:30 GMT</pubDate>
		<title>Imploded: LibertyPointe Bank, New York, New York </title>
		<link>http://bankimplode.com/blog/2010/03/11/libertypointe-bank-new-york-new-york/</link>
		<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 w...]]></description>
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		<guid isPermaLink="false">iehi-feed-25138</guid>
		<pubDate>Sat, 13 Mar 2010 14:40:30 GMT</pubDate>
		<title>Mortgage agreements 'halved in January'</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_MortgageagreementshalvedinJanuary.html</link>
		<description><![CDATA["The January downturn in the property market has been underlined by the latest figures from the Council of Mortgage Lenders (CML...]]></description>
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		<guid isPermaLink="false">iehi-feed-25137</guid>
		<pubDate>Sat, 13 Mar 2010 14:40:30 GMT</pubDate>
		<title>Predatory lenders and consumer protection</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_Predatorylendersandconsumerprotection.html</link>
		<description><![CDATA["If consumer protection agency is not independent, can it really offer protection?" ""...]]></description>
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		<guid isPermaLink="false">iehi-feed-25135</guid>
		<pubDate>Sat, 13 Mar 2010 14:40:30 GMT</pubDate>
		<title>BofA Makes 21,000 HAMP Modifications Permanent</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_BofAMakes21000HAMPModificationsPermanent.html</link>
		<description><![CDATA[" Bank of America (BAC: 17.06 -0.35%) reported 21,000 permanent modifications under the Home Affordable Modification Program (HA...]]></description>
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		<guid isPermaLink="false">iehi-feed-25150</guid>
		<pubDate>Sat, 13 Mar 2010 14:30:22 GMT</pubDate>
		<title>JP Morgan CEO Dimon… …Headed for the Slammer?  </title>
		<link>http://implode-explode.com/viewnews/2010-03-13_JPMorganCEODimonHeadedfortheSlammer.html</link>
		<description><![CDATA["The city issued an arrest warrant for CEO Jamie Dimon for illegal dumping. Of course, running the bank through New York means D...]]></description>
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		<guid isPermaLink="false">iehi-feed-25149</guid>
		<pubDate>Sat, 13 Mar 2010 14:30:22 GMT</pubDate>
		<title>Commercial Real Estate Risk Remains Key Concern for US Banking Sector</title>
		<link>http://implode-explode.com/viewnews/2010-03-13_CommercialRealEstateRiskRemainsKeyConcernforUSBankingSector.html</link>
		<description><![CDATA["Fitch’s rating outlook for the U.S. banking sector remains negative, although many of the factors that put negative pressure on...]]></description>
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		<guid isPermaLink="false">iehi-feed-25134</guid>
		<pubDate>Sat, 13 Mar 2010 14:30:22 GMT</pubDate>
		<title>Pondering Our Collapse While We Watch Others Fall</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_PonderingOurCollapseWhileWeWatchOthersFall.html</link>
		<description><![CDATA["The collapse of currencies and nations won’t happen overnight, because their demise has been planned, and a subtle collapse is ...]]></description>
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		<guid isPermaLink="false">iehi-feed-25133</guid>
		<pubDate>Sat, 13 Mar 2010 14:30:22 GMT</pubDate>
		<title>Goldman hired for ResCap sale: sources </title>
		<link>http://implode-explode.com/viewnews/2010-03-12_GoldmanhiredforResCapsalesources.html</link>
		<description><![CDATA["Government-controlled finance company GMAC has hired Goldman Sachs to start the process of selling the company's money-losing m...]]></description>
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		<guid isPermaLink="false">iehi-feed-25148</guid>
		<pubDate>Sat, 13 Mar 2010 14:20:22 GMT</pubDate>
		<title>Lawmakers get eviction notices</title>
		<link>http://implode-explode.com/viewnews/2010-03-13_Lawmakersgetevictionnotices.html</link>
		<description><![CDATA[The state's money problems are so bad that lawmakers are getting eviction notices and calls from collection agencies about their...]]></description>
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		<guid isPermaLink="false">iehi-feed-25132</guid>
		<pubDate>Sat, 13 Mar 2010 14:20:22 GMT</pubDate>
		<title>New round of foreclosures threatens housing market</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_Newroundofforeclosuresthreatenshousingmarket.html</link>
		<description><![CDATA["The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and th...]]></description>
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		<guid isPermaLink="false">iehi-feed-25130</guid>
		<pubDate>Sat, 13 Mar 2010 14:10:10 GMT</pubDate>
		<title>New Flow Of Funds Report Demonstrates Massive Selling In Agency & MBS Holdings Away From The Fed</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_NewFlowOfFundsReportDemonstratesMassiveSellingInAgencyMBSHolding.html</link>
		<description><![CDATA["Should the market dive, as many are concerned it is will once the Fed stops manipulating the mortgage (and potentially equity) ...]]></description>
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		<guid isPermaLink="false">iehi-feed-25129</guid>
		<pubDate>Sat, 13 Mar 2010 14:00:08 GMT</pubDate>
		<title>FHA Commissioner: Raising the Down Payment Requirement Would Hurt Housing Recovery</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_FHACommissionerRaisingtheDownPaymentRequirementWouldHurtHousingR.html</link>
		<description><![CDATA["Increasing the minimum down payment required for a Federal Housing Administration (FHA) loan from 3.5 percent to 5 percent coul...]]></description>
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		<guid isPermaLink="false">iehi-feed-25123</guid>
		<pubDate>Sat, 13 Mar 2010 13:50:23 GMT</pubDate>
		<title>NY Fed Under Geithner Implicated in Lehman Accounting Fraud Allegation</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_NYFedUnderGeithnerImplicatedinLehmanAccountingFraudAllegation.html</link>
		<description><![CDATA[" Well, it is folks, as a newly-released examiner’s report by Anton Valukas in connection with the Lehman bankruptcy makes clear...]]></description>
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		<guid isPermaLink="false">iehi-feed-25122</guid>
		<pubDate>Sat, 13 Mar 2010 13:40:11 GMT</pubDate>
		<title>Foreclosures on the Rise: Bankquakes, Not Earthquakes</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_ForeclosuresontheRiseBankquakesNotEarthquakes.html</link>
		<description><![CDATA[``A bankruptcy filing should have stopped the eviction. It didn't. These are the bureaucratic games they play with people's live...]]></description>
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		<guid isPermaLink="false">iehi-feed-25121</guid>
		<pubDate>Sat, 13 Mar 2010 13:30:24 GMT</pubDate>
		<title>Connecticut AG sues Moody's, S&P over debt ratings</title>
		<link>http://implode-explode.com/viewnews/2010-03-12_ConnecticutAGsuesMoodysSPoverdebtratings.html</link>
		<description><![CDATA[``Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the agencies issued on risky ...]]></description>
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		<guid isPermaLink="false">iehi-feed-25120</guid>
		<pubDate>Sat, 13 Mar 2010 13:20:14 GMT</pubDate>
		<title>Feds seek bids for up to seven local banks, including Amcore</title>
		<link>http://implode-explode.com/viewnews/2010-03-11_FedsseekbidsforuptosevenlocalbanksincludingAmcore.html</link>
		<description><![CDATA[``Federal banking regulators are seeking bidders for as many as seven troubled local banks, including Rockford-based Amcore Bank...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=40</guid>
		<pubDate>Wed, 10 Mar 2010 10:30:11 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=3614</guid>
		<pubDate>Tue, 09 Mar 2010 06:50:14 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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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3587</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3582</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3432</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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=3281</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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>Tue, 09 Mar 2010 03:58:50 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>Tue, 09 Mar 2010 03:58:50 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[This old geyser tried to take a little back. Too bad he got caught. Think of it this way, the money he could not repay came from...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3234</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 GMT</pubDate>
		<title>
Bernanke Lies Like a Rug
</title>
		<link>http://bankimplode.com/blog/2009/09/17/bernanke-lies-like-a-rug/</link>
		<description><![CDATA[With word that green shoots sprouting up all over the road ways and side walks, Ben Bernanke’s shrill statement that the “recess...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3220</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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=3207</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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 Rakoff fast because he screwed up yesterday when he refused to go along with a cozy lit...]]></description>
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		<guid isPermaLink="true">http://bankimplode.com/blog/?p=3179</guid>
		<pubDate>Tue, 09 Mar 2010 03:58:50 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, and the shrill ...]]></description>
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