Ameribank of Northfork, WV was seized by the FDIC just a few hours ago:
It seems like almost every friday night the Feds move-in on another Bank. This makes the 15th Banking fatality this year.
READ ON:
http://www.fdic.gov/bank/individual/failed/ameribank.html
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
5 comments:
get ready to bend over...we are going to pay dearly for this mess. Not everybody is intitled to the American dream of owning a home unless you are capable of paying for it. Warnings were out there but they didnt listen. Your pockets will feel really lite before its over.
To not create a panic. All the major action this week has been after dark, as well. Keep the American public in the dark...
How does the phrase "worst economic crisis since the Great Depression" sound?
I suggest a new American holiday, the were not gonna pay our mortage month(all of us). show washington and the elitist bankers how much power we posses. what are they going to do evict all of us. they would shit their pants. "POWER TO THE PEOPLE".
Doug.... Washington Mutual is already in trouble. If i did that it would get their attention because thats where i have my mortgage. I'm presently waiting to see what happens to them. It was said a couple of months ago that it very well could be 150 banks in trouble. We will indeed pay dearly for this mess. Our children and grandchildren will also pay dearly. Its going to take many years to recoup from this. Hold on the ride isnt over yet. Its going to get bumpier.
Banks created these mortgages, telling people THEY KNEW COULD NOT AFFORD THE PAYMENTS, duping people into believing they could have what everyone wants, a home. Now the greedy bastards get reimbursed, people are homeless, and the rest of us are screwed. Viva capitalism!
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