Korean Job Discussion Forums

[bacasper]

Note how the pace has increased dramatically in the second half of 2008.

Bank Name - Closing Date
Ameribank, Northfork, WV - September 19, 2008
Silver State Bank, Henderson, NV - September 5, 2008
Integrity Bank, Alpharetta, GA - August 29, 2008
The Columbian Bank and Trust, Topeka, KS - August 22, 2008
First Priority Bank, Bradenton, FL - August 1, 2008
First Heritage Bank, NA, Newport Beach, CA - July 25, 2008
First National Bank of Nevada, Reno, NV - July 25, 2008
IndyMac Bank, Pasadena, CA - July 11, 2008
First Integrity Bank, NA, Staples, MN - May 30, 2008
ANB Financial, NA, Bentonville, AR - May 9, 2008
Hume Bank, Hume, MO - March 7, 2008
Douglass National Bank, Kansas City, MO - January 25, 2008
Miami Valley Bank, Lakeview, OH - October 4, 2007
NetBank, Alpharetta, GA September - 28, 2007
Metropolitan Savings Bank, Pittsburgh, PA - February 2, 2007
Bank of Ephraim, Ephraim, UT - June 25, 2004
Reliance Bank, White Plains, NY - March 19, 2004
Guaranty National Bank of Tallahassee - March 12, 2004
Dollar Savings Bank, Newark, NJ - February 14, 2004
Pulaski Savings Bank, Philadelphia, PA - November 14, 2003
The First National Bank of Blanchardville, WI - May 9, 2003
Southern Pacific Bank, Torrance, CA - February 7, 2003
The Farmers Bank of Cheneyville, LA - December 17, 2002
The Bank of Alamo, Alamo, TN - November 8, 2002
AmTrade International Bank of Georgia - September 30, 2002
Universal Federal Savings Bank, Chicago, IL - June 27, 2002
Connecticut Bank of Commerce, Stamford, CT - June 26, 2002
New Century Bank, Shelby Township, MI - March 28, 2002
Net 1st National Bank, Boca Raton, FL - March 1, 2002
NextBank, N.A., Phoenix, AZ - February 7, 2002
Oakwood Deposit Bank Company, Oakwood, OH - February 1, 2002
Bank of Sierra Blanca, Sierra Blanca, TX - January 18, 2002
Hamilton Bank, N.A., Miami, FL - January 11, 2002
Sinclair National Bank, Gravette, AR - September 7, 2001
Superior Bank, FSB, Hinsdale, IL - July 27, 2001
The Malta National Bank, Malta, OH - May 3, 2001
First Alliance Bank & Trust Company, Manchester, NH - February 2, 2001

http://www.fdic.gov/bank/individual/failed/banklist.html

[Kuros]

I'm not a defender of Bush, but the obvious response is:

Correlation is not causation.

[kingplaya4]

I can't stand Bush, and never voted for him, but much of the deregulation that occurred happened under Clinton. Remember Greenspan's call to reduce "irrational exhuberance" whatever that meant? Investors started on this road under Clinton imhop.

Bush has made things even worse with his wars and spending, but he doesn't deserve total blame. At this point I actually think he's improved a bit, and if I had to choose I'd take another Bush term over McCain.

[Ya-ta Boy]

[Joo Rip Gwa Rhhee]

Oil when Clinton was president was 20 dollars or less

Clinton enjoyed the benefit of the Soviet Union being down.

At the same time.

Bush got 100 $ oil

9-11

and an angry Russia.

Who got the better set of cards?

[Ya-ta Boy]

Joo, even a fool can win if he is dealt 4 aces. That is not the point. It's how well you play the hand you are dealt. 70% of the people feel that in most situations, Bush has not played well.

[Czarjorge]

A big part of the current problem is the ideological 'free market' stand that most regulators Bush has put into place.

Ever heard of 'This American Life'? It's my favorite radio program. The show last week was on enforcers. Jump to the second half of the show to hear about the incompetence and malfeasance of the current SEC head...

http://www.thislife.org/?gclid=CLz43L7m65UCFSASQQod4mxifg

[Joo Rip Gwa Rhhee]

[sojourner1]

How is FDIC going to cover all the deposit losses when banks really collapse? It's impossible in reality to insure all deposits as FDIC does not have that much money so this presents a real problem is 1929 happens all over again. You can bet the rich will be taken care of first since they come first on the governments list of priorities despite having illegitimately engineered this huge boondoggled mess in the first place.

[mises]

[Milwaukiedave]

[bacasper]