The FDIC has taken control of First Priority Bank of Bradenton, Fla., marking the eighth bank failure this year -- and the fourth just since July 11, when the feds seized IndyMac Bank of Pasadena.
http://latimesblogs.latimes.com/money_co/2008/08/we-all-can-star.html
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
7 comments:
this is how you beat them, go to where the power is and smash it. its not in washington, want to find the corruption follow the money.
I remember reading on SBYnews - in fact, just over a month ago - where you predicted there were going to be more bank failures.
I've not read about neither one of the bank failures in The Daily Times.
No wonder SBYnews is rated No.1. Even with Joe on vacation its a better media source than the other MSM - Daily Times - one that has a staff in excess of 100 people.
Wow. . truly amazing.
It's all about the money and the power.
When this happens to your bank, don't dare go and try to get your $$ out unless you have your bail money at home.
One more time. Greed.
Can't say you didn't tell us Joe. You're prophetic beyond your years.
it goes back to ethics. if the people of this country had better ethics we would not be in a lot of the situations we are in.
Not to take anything away from Joe but you can expect failures in every business sector during a near recession. A prophet is a bit of an exaggeration.
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