To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
2 posted on
07/31/2009 12:38:25 PM PDT by
rabscuttle385
(Who is Jim Thompson?)
To: PAR35
A big tab on Guaranty would be costly to the deposit fund, whose balance was $13 billion at the end of the first quarter. The FDIC has estimated failure costs on cases since then at $11.2 billion.
A spokesman for the FDIC stresses that it has already set aside an additional $22 billion for failure-related costs in 2009, and adds that congressional action this spring gave the agency access to $500 billion in Treasury credit.WTH.
3 posted on
07/31/2009 12:40:08 PM PDT by
rabscuttle385
(Who is Jim Thompson?)
To: rabscuttle385
Not a good sign, but it looks as if the FDIC has been there before. See 1991. Let’s see...oh, yeah, when Bill Clinton took office.
4 posted on
07/31/2009 12:42:00 PM PDT by
madison10
To: rabscuttle385
As the Democrats would say “chickens are coming home to roost”. Texas didn’t vote for the BamSham.
5 posted on
07/31/2009 12:46:36 PM PDT by
a fool in paradise
(There is no truth in the Pravda Media.)
To: rabscuttle385
I had heard the FDIC is already broke that is money spent already.
To: rabscuttle385
We should just let them all fail, let the market be free! Then those bankers will stop taking un-needed risks when they have to pay for it!
To: rabscuttle385
19 posted on
07/31/2009 1:42:07 PM PDT by
dragnet2
To: rabscuttle385
I thought they just got $500b
To: rabscuttle385
Useful chart. Folks tend to forget 91-92. So it’s not like it’s new ground being plowed.
22 posted on
07/31/2009 2:36:55 PM PDT by
PAR35
To: SouthTexas; WestCoastGal
To: rabscuttle385
Wow!
Well, the only answer, of course, is to PRINT MORE MONEY!
We are in for one helluva fall this Fall.
Guaranty Bank you say? Simply amazing.
But, but...Pres__ent 0bama said that he just saved us from financial disaster this past week due to his stimulus cr@pola! What gives, Wally?
32 posted on
07/31/2009 5:24:36 PM PDT by
Diana in Wisconsin
(Save The Earth. It's The Only Planet With Chocolate.)
To: rabscuttle385
September is when it will all fall.
56 posted on
08/03/2009 1:36:52 PM PDT by
bmwcyle
(Obama's lies make Bill Clinton's lie small)
To: rabscuttle385
Following the line at the top of this chart to the bottom right..
... it sure seems there may be something to that rumored "bank holiday" next month month after all
101 posted on
08/04/2009 12:26:48 AM PDT by
BP2
(I think, therefore I'm a conservative)
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