The Great Deception -> Bank Failures - 50 So Far In 2012, Many Prior

Bank Failures - 50 So Far In 2012, Many Prior, Been going on majorly since 2008!

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jofortruth	Posted: Jul 13 2008, 10:08 AM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	UPTODATE LIST OF BANK FAILURES: (2011-2012 continues) http://www.fdic.gov/bank/individual/failed/banklist.html 2008-2010: http://money.cnn.com/news/storysupplement/..._failures/list/ Where the Banks are Failing - MAP: http://money.cnn.com/news/storysupplement/...lures/index.htm ---------------------------------------------------------------------------- Indymac Bank Failure - Reopens Federalized: http://www.marketwatch.com/news/story/fail...70F7C6524B3F%7D http://www.cnn.com/2008/US/07/13/indymac/index.html Pissed Consumers - Putting a Face on this Fraud: http://indymac-bank.pissedconsumer.com/ If you have been affected by this failed bank, you may want to go to this site and tell what happened to you. It's time for the people's voices to be heard in this nation, and on MORE THAN JUST THIS ONE EVENT. YOUR COUNTRY IS UNDER ATTACK BY SOME ELITE PEOPLE WHO WISH FOR AMERICA TO BE NO MORE. TIME TO WAKE UP AND SMELL THE COFFEE PEOPLE! THIS IS JUST THE BEGINNING!

jofortruth

Posted: Jul 16 2008, 10:25 AM

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Learn about FDIC: (It only covers up to $100,000 in most cases. If you have more, it should be kept in a different bank so that you get an additional $100,000 coverage.
UPDATE: Congress changed it to $250,000.)
http://www.fdic.gov/
http://money.cnn.com/2009/03/06/news/dodd....dex.htm?cnn=yes
http://z4.invisionfree.com/The_Great_Decep...?showtopic=2293

QUOTE

IndyMac Bank, Pasadena, CA - Closed July 11, 2008

First Integrity Bank, NA, Staples, MN - Closed May 30, 2008

ANB Financial, NA, Bentonville, AR - Closed May 9, 2008

Hume Bank, Hume, MO - Closed March 7, 2008

Douglass National Bank, Kansas City, MO - Closed January 25, 2008

Miami Valley Bank, Lakeview, OH - Closed October 4, 2007

NetBank, Alpharetta, GA - Closed September 28, 2007

The SEC has said it will protect the BIG CENTER BANKS, but said "No" to the REGIONAL BANKS. So we will be seeing more of these fail.

Listen to the Financial Sense Podcast here: (fsn2008-0802-3a.mp3)
http://feeds.feedburner.com/fsn

jofortruth	Posted: Jul 16 2008, 10:39 AM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	The IndyMac Fallout: http://www.suntimes.com/business/stockmark...-bank15.article A Wake-Up Call for Depositors: http://www.suntimes.com/business/savage/10...8.savagearticle FBI investigating Indymac for fraud http://www.cnn.com/2008/US/07/16/fbi.indymac/index.html

jofortruth	Posted: Jul 16 2008, 03:59 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Q&A: How Fannie, Freddie and IndyMac affect you http://www.cnn.com/2008/US/07/14/mortgage....iref=newssearch A little history of Fannie and Freddie in article.

jofortruth	Posted: Jul 17 2008, 03:50 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	I was listening to the Wall Street Journal podcast this week and this is what they said about Indymac: * Average recovery is 72c on the dollar for anything over the $100,000 (However, I've also read that it's only 50c on the dollar, if you get anything) * Feds predicted that this would affect around 10,000 people who had over the FDIC insured amount of $100,000. THIS SHOULD BE A WAKEUP CALL TO EVERYONE! I HOPE YOU HEED IT!

jofortruth	Posted: Jul 17 2008, 09:44 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Interesting Video: http://ktla.trb.com/news/ktla-video-indyma...09870.htmlstory Some banks won't accept or are placing holds on IndyMac checks http://www.mercurynews.com/breakingnews/ci_9909617

jofortruth

Posted: Jul 18 2008, 01:53 PM

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IndyMac bank run: A sign of things to come?
http://www.theglobeandmail.com/servlet/sto...uery=Harry+Koza

QUOTE

IndyMac depositors were lined up to get their money out, too, but that story barely got any coverage outside of local California papers. Markets were more preoccupied with the travails of Freddie Mac and Fannie Mae.

That's kind of odd, since it was a substantial flameout. Indy was the second-largest mortgage lender in the United States, and the seventh-largest savings and loan, with $32-billion (U.S.) in assets and $19-billion in deposits - $1-billion uninsured. It was the biggest bank failure in years. Since 2000, according to the FDIC, there have been 32 bank failures in the United States, with IndyMac the fifth one so far in 2008 and bigger than all the other 31 put together.

The FDIC has another 90 to 150 banks on its list of "troubled" lenders, so it seems likely that there will be more banks going under in the months ahead.

jofortruth	Posted: Jul 18 2008, 02:53 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Who's Next? List of Troubled Banks Worries Wall Street, DC http://www.abcnews.go.com/Blotter/story?id=5374205&page=1

jofortruth

Posted: Sep 6 2008, 08:40 AM

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FDIC shutters Silver State Bank of Nevada
http://money.cnn.com/2008/09/05/news/econo...sion=2008090607

fyi, Andrew McCain (son John McCain) was on the board of Silver State bank. He was in charge of auditing prior to resigning before it tanked.

QUOTE

11th failure this year of a federally insured bank.

jofortruth	Posted: Nov 12 2008, 02:21 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	So why was Franklin Bank (Houston) taken over? http://www.fdic.gov/bank/individual/failed/banklist.html http://money.cnn.com/2008/11/07/news/compa...n=2008110721%20 It was solvent! So they are actually taking over the GOOD BANKS to NATIONALIZE THEM like what has happened in other countries that have been taken over. I guess they wish the struggling banks to simply fall so they won't have any more competition. THE ELITES HATE COMPETITION. Yeah, give the bailout money to themselves and their banker buddies first, then they takeover the GOOD banks, and nothing is left for the American people who have been screwed by these same people who started the INTENTIONAL BANKING CRISIS!

jofortruth

Posted: Nov 12 2008, 02:29 PM

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Monopoly Men Takeover Banking 1908 - Deja Vu - 2008!
http://www.infowars.com/?p=5402&page=2

QUOTE

They haven't been able to succeed in America because of the wealth, independence and patriotic spirit of the American Middle Class. That's the only thing that's holding this world from a situation of total despotism.

American middle class. WE HAVE AN OBLIGATION TO STOP THIS FROM HAPPENING! IT IS OUR PATRIOTIC DUTY TO STOP THESE ROBBER BARRONS AND SOULLESS PEOPLE FROM TAKING TOTAL AND ABSOLUTE CONTROL OF THIS COUNTRY, AND THE WORLD.

IMO, THEY DON'T DESERVE IT, AFTER WHAT THEY'VE DONE TO THE WORLD! THEY SHOULD ALL BE ASHAMED OF THEMSELVES. HOWEVER, THEY HAVE NO CONSCIENCE, SO THEY ARE SHAMELESS PEOPLE, AND TOTALLY BANKRUPT OF CHARACTER AND WISDOM.

They will be held accountable one day for their acts against humanity! No one gets away with acts this grievous!

For what shall it profit a man, if he shall gain the whole world, and lose his own soul? - Mark 8:36

jofortruth	Posted: Feb 1 2009, 01:07 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Bank Failures in 2008 http://www.cnbc.com/id/26673834/

jofortruth	Posted: May 7 2009, 01:08 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Where the banks are failing (A Map) http://money.cnn.com/news/storysupplement/...lures/index.htm

jofortruth	Posted: May 7 2009, 01:11 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Atlanta bank failure to have big impact http://money.cnn.com/2009/05/05/news/compa...sion=2009050515

jofortruth	Posted: Aug 15 2009, 10:23 AM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	The FDIC is in Trouble http://www.contrarianprofits.com/articles/...n-trouble/19705 http://www.fdic.gov/bank/individual/failed/banklist.html http://globaleconomicanalysis.blogspot.com...09-fdic-is.html

jofortruth	Posted: Dec 19 2010, 12:14 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	U.S. Bank Collapses Reach 157 This Year as Six More Lenders Are Shuttered http://www.bloomberg.com/news/2010-12-18/u...-shuttered.html

jofortruth	Posted: Jan 28 2012, 11:01 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	It Just Keeps Going: http://www.fdic.gov/bank/individual/failed/banklist.html

jofortruth	Posted: Jun 25 2012, 06:15 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Tracking the Nation's Failed Banks - A Graphic (And this is just through August 2011): http://graphicsweb.wsj.com/documents/Failed-US-Banks.html

jofortruth	Posted: Sep 30 2012, 08:29 AM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Illinois Bank 43rd to fail in US in 2012: http://www.marketwatch.com/story/illinois-...2012-2012-09-29 http://www.fdic.gov/bank/individual/failed/banklist.html http://forum.prisonplanet.com/index.php?to...seen#msg1377737 .... but Obama still says everything is fine, go back to sleep, accept your free cellphone and vote for me again and I will give you more freebies and be your daddy for life! NOTE RE: CELL PHONE gimmick! Pretty cute trick, Obama campaign, busing these poor people and paying them to help you win! If one can't win on merit, they don't deserve to win! These tricks are exploiting these poor people, and you should be ashamed of yourself! http://www.infowars.com/obama-minions-sell...-cheap-slavery/ http://z4.invisionfree.com/The_Great_Decep...topic=10027&hl=

jofortruth	Posted: Oct 6 2012, 08:32 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	Banks, thrifts collectively lop off more than 750 branches in a year http://www.snl.com/InteractiveX/Article.as...-15329941-11823

jofortruth	Posted: Oct 8 2012, 03:05 PM
Administrator Group: Admin Posts: 31,485 Member No.: 1 Joined: 1-May 07	See book: "Bull by the Horns" by Sheila Bair (Fmr FDIC head during the 2008 crisis through 2011. This book is your opportunity to see how the FDIC operates and learn fom an insider what the bankers did in their meetings during initial crisis in 2007-08!) http://z4.invisionfree.com/The_Great_Decep...showtopic=10621 ANOTHER WHISTLEBLOWER? IMPORTANT BOOK WRITTEN BY ANOTHER INSIDER WHO MET WITH THE BIG BOYZ AS THEY BAILED THEMSELVES OUT TIME AFTER TIME DURING THE CRISIS 2008 through 2011, AND IT CONTINUES TODAY!

jofortruth

Posted: Oct 29 2012, 06:32 PM

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Area Bank Closed by FDIC: (See FDIC list below. No acquirer)
http://www.bizjournals.com/philadelphia/bl...ed-by-fdic.html
http://www.fdic.gov/bank/individual/failed/banklist.html

QUOTE

The Pennsylvania Department of Banking and Securities closed Berwyn, Pa.-based Nova Bank late Friday and appointed the Federal Deposit Insurance Corp. as receiver.

The FDIC was unable to find a buyer for Nova, which has been struggling for the past several years. That means the regulator will pay off depositor accounts only up to the FDIC insurance limit of $250,000. It will also mail checks to all depositors for their balance of principal and interest on insured accounts.

Nova is the second local bank failure this year and the sixth since the recession hit in 2008. It is also the largest, with $483 million in total assets and $432.2 million in deposits as of June 30.

The FDIC said it has made arrangements with National Penn Bank to accept the failed bank�s direct deposits from the federal government, such as Social Security and Veterans payments, through Jan. 25.

The amount of uninsured deposits will be determined once the FDIC obtains additional information from customers. As receiver, the FDIC will retain all the assets from Nova for later disposition. Loan customers should continue to make their payments as usual. Customers can get more information here. http://www.fdic.gov/bank/individual/failed/novabank.html

Nova had a toxic mix of of poor asset quality (6.8 percent of all assets were non-performing) and not enough of a buffer ($7.5 million in capital and $6.6 million in reserve) to stave off problems.
Http://banktracker.investigativereportingw...rwyn/nova-bank/

On top of that, Chief Lending Officer Thomas J. Patterson was arrested earlier this year for misappropriating customer funds after an investigation by police and the FBI. He pleaded guilty and was barred from working for another financial institution.
http://problembanklist.com/nova-bank-berwy...ind-buyer-0574/

Nova is the sixth local bank failure since the recession hit. Boothwyn, Pa.-based American Eagle Savings Bank failed in January, joining Cherry Hill. N.J.-based ISN Bank, Bala Cynwyd, Pa.-based Allegiance Bank of North America and Southampton, Pa.-based Earthstar Bank in 2010 and Huntingdon Valley, Pa.-based Public Savings Bank in 2011.

Nova is the first that the FDIC could not sell to another bank.

Nova is also by far the largest of the local bank failures, with Earthstar ($112 million in assets) next largest, followed by ISN ($106 million), Allegiance ($82 million), Public Savings ($47 million) and American Eagle ($20 million).

Nova had 13 branches, including four in Philadelphia, two in Berwyn and one each in Exton, Havertown, Media, Plymouth Meeting and Wynnewood, Pa., and Deptford and Woodbury Heights, N.J. The bank first opened its doors in Berwyn in 1887.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $91.2 million. Nova became the 47th bank to fail nationwide this year and only the fourth to not be acquired afterwards by another financial institution.

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