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Old July 13th 08, 11:53 PM posted to rec.radio.shortwave
[email protected] Firebottle3@gmail.com is offline
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First recorded activity by RadioBanter: Oct 2007
Posts: 41
Default Second Largest Bank Failure In US History & 90 More Coming!

On Jul 13, 10:56*am, "Benny Hill" wrote:
"Billy Burpelson" wrote in message

...



Tex wrote:
The federal government took control of Pasadena-based IndyMac Bank on
Friday in what regulators called the second-largest bank failure in
U.S. history.


Citing a massive run on deposits, regulators shut its main branch
three hours early, leaving customers stunned and upset. One woman
leaned on the locked doors, pleading with an employee inside: "Please,
please, I want to take out a portion." All she could do was read a two-
page notice taped to the door. Story continued at
http://www.latimes.com/business/la-f...12,0,6071779.s....


Ninety more banks are expected to fail within soon - but hush hush -
that isn't supposed to be public knowledge lest more "runs" *by
depositors ensue. The question is WHICH ninety?


The American empire is crumbling - economically, politically,
socially, militarily, morally. The end is near, the fat lady hasn't
sung yet but she's damn sure warming up.


Well, that's what happens when we have a drug and alcohol addled
president that gives free rein to Big Business and starts an unprovoked
Trillion dollar bogus 'war'. Now, the rest of us get to pay the piper
for W's follies.


Heckuva job, Georgie! * :-(


* * * * *Hey,, moron, the president doesnt make policy. Thats congress's job.
And since congress's approval rating is a whopping *9% the results are
obvious.


But, little bush was rubber stamping everything the republican
congress set before him prior to and during the bogus war. Now that it
is a Democratic congress he vetoes everything

Your turn "Benny."