[quote=TheBreeze][quote=flu]
We just enjoy, pin the tail on the Breezie Donkey ass.
And again. Great job recommending to folks to take money out of tarp funded banks…And then pointing out Emigrant whic his your bank is a nice 1-star banks. With advice like that, who needs to worry about the FDIC collapsing?
Is this you’re do as I say (but not do as I do) advice? Just like your previous infactuation with Obama and crew and the revelation you didn’t even vote for him revealed to us recently?
[/quote]
Emigrant didn’t take TARP. My actions are consistent with my words.
Emigrant may be a ‘problem’ bank, but they aren’t the problem. It’s really the top 10 or so TARP recipients that are crushing our economy.
Stop acting like a two-year old.
[/quote]
Umm… virtually every problem bank in the country has applied for TARP funds. But the Treasury doesn’t release the names of banks who have applied, although some banks themselves previously announced that they had applied. The Treasury only announces which banks have been approved for and accepted TARP funds. The odds are very high that Emigrant Direct – based on its poor financial standing – applied for TARP funds and was rejected. Or was told that they would be rejected unless they withdrew their application. That’s a common occurrence these days. And no one at Emigrant Direct is going to tell you a thing if that’s the case.
FYI… you will find various Emigrant Direct subsidiaries in this list of the 363 most troubled banks: http://bankimplode.com/list/troubledbanks.htm . That’s out of almost 8,400 non-credit union depositories in the country.
But, to be clear, I’m no expert on this bank. I’m just speculating based on their pitiful financial position.
(Although I agree that it’s the largest TARP recipients that are the biggest part of The Problem.)
