Which bank is next?

[Bubblesitter]

Downey looks to be in rough shape. Please, Please if you or your family/friends have money in Downey over the FDIC insured limits, move the money now or consider most of it lost.

“The Office of Thrift Supervision … has issued a cease-and-desist order that formally requires the [Downey] to raise capital, name a new chief executive, and take other actions aimed at shoring up its operations, these people said”

http://online.wsj.com/article/SB122064713985204865.html

Bubblesitter

[Arraya]

Sept. 6 (Bloomberg) — Silver State Bank of Henderson, Nevada was closed by U.S. regulators, the 11th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Depression.

[Arraya]

Sept. 6 (Bloomberg) — Silver State Bank of Henderson, Nevada was closed by U.S. regulators, the 11th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Depression.

[Arraya]

Sept. 6 (Bloomberg) — Silver State Bank of Henderson, Nevada was closed by U.S. regulators, the 11th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Depression.

[Arraya]

Sept. 6 (Bloomberg) — Silver State Bank of Henderson, Nevada was closed by U.S. regulators, the 11th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Depression.

[Arraya]

Sept. 6 (Bloomberg) — Silver State Bank of Henderson, Nevada was closed by U.S. regulators, the 11th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Depression.

[poorsaver]

Vineyard National Bank is also on the edge. Stock price is under a buck. It’s on life support. Too bad. I liked their cool looking PT Cruisers running around town with the bank’s colorful murals painted all over them.

[poorsaver]

Vineyard National Bank is also on the edge. Stock price is under a buck. It’s on life support. Too bad. I liked their cool looking PT Cruisers running around town with the bank’s colorful murals painted all over them.

[poorsaver]

Vineyard National Bank is also on the edge. Stock price is under a buck. It’s on life support. Too bad. I liked their cool looking PT Cruisers running around town with the bank’s colorful murals painted all over them.

[poorsaver]

Vineyard National Bank is also on the edge. Stock price is under a buck. It’s on life support. Too bad. I liked their cool looking PT Cruisers running around town with the bank’s colorful murals painted all over them.

[poorsaver]

Vineyard National Bank is also on the edge. Stock price is under a buck. It’s on life support. Too bad. I liked their cool looking PT Cruisers running around town with the bank’s colorful murals painted all over them.

[peterb]

I just moved $250K out of Wachovia on Friday. They did eveything in their powers to stop me. It was embarrasing and a little scary. I’ve banked at Wachovia for two years and hardly evey saw anyone in the banks. Yesterday they had several people walking around greeting people and asking about good service, etc….
They are scared, no two ways about it!!
I bet that the smaller banks will be allowed to fail as we’re seeing now. Downey is a prime candidate. But you never know, Wamu and Wachovia may be as well.
Watch out people.

[peterb]

I just moved $250K out of Wachovia on Friday. They did eveything in their powers to stop me. It was embarrasing and a little scary. I’ve banked at Wachovia for two years and hardly evey saw anyone in the banks. Yesterday they had several people walking around greeting people and asking about good service, etc….
They are scared, no two ways about it!!
I bet that the smaller banks will be allowed to fail as we’re seeing now. Downey is a prime candidate. But you never know, Wamu and Wachovia may be as well.
Watch out people.

[peterb]

I just moved $250K out of Wachovia on Friday. They did eveything in their powers to stop me. It was embarrasing and a little scary. I’ve banked at Wachovia for two years and hardly evey saw anyone in the banks. Yesterday they had several people walking around greeting people and asking about good service, etc….
They are scared, no two ways about it!!
I bet that the smaller banks will be allowed to fail as we’re seeing now. Downey is a prime candidate. But you never know, Wamu and Wachovia may be as well.
Watch out people.

[peterb]

I just moved $250K out of Wachovia on Friday. They did eveything in their powers to stop me. It was embarrasing and a little scary. I’ve banked at Wachovia for two years and hardly evey saw anyone in the banks. Yesterday they had several people walking around greeting people and asking about good service, etc….
They are scared, no two ways about it!!
I bet that the smaller banks will be allowed to fail as we’re seeing now. Downey is a prime candidate. But you never know, Wamu and Wachovia may be as well.
Watch out people.

[Author]

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