The ramifications of a likely no vote may not be pleasant ICELAND’S president is usually an apolitical and little-known figurehead. But Olafur Ragnar Grimsson has become a national hero for his refusal to sign a law passed narrowly in late December by the Althingi, Iceland’s parliament, to repay Britain and the Netherlands
Posts Tagged depositors
101st Bank Failure Of 2009
Oct 23
American United Bank of Lawrenceville, Georgia, was closed today by the Georgia Department of Banking & Finance.
Eastern rising sun Failed bank numbers soar like crane May top Mount Fuji by Soylent Green is People From the FDIC : Brickwell Community Bank, Woodbury, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with CorTrust Bank, N.A., Mitchell, South Dakota, to assume all of the deposits of Brickwell Community Bank. …
Darwin had it right Stronger banks ingest the weak No morsel remains by Soylent Green is People From the FDIC : Morton Community Bank, Morton, Illinois, Assumes All of the Deposits of Citizens National Bank, Macomb, Illinois Citizens National Bank, Macomb, Illinois, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Morton Community Bank, Morton, Illinois, to assume all of the deposits of Citizens National Bank, excluding those from brokers.
Bankers are not popular right now. I have friends who have taken to calling them “banksters,” a term that apparently dates back to the Great Depression and now gets almost 300,000 hits on Google. Even a con man on the British TV series Hustle suggested that the collective noun for bankers be “wunch,” as in “a wunch of bankers.” Why all the outrage?
