FDIC Is Accelerating Bank Shutdowns

MSNBC:

By most measures, the past year has been the worst financial crisis in a lifetime. But not by one significant measure: Bank failures.

Read the whole story: MSNBC

Comments

[politkal kos]

Our future has been spent. The bail out is like throwing water on a electrical fire. It will be a miracle if in 10 years if "real" unemployment falls below 10%. The middle class will be joining the ranks of the impoverished. If you have ever been to europe this is what our society will become. Some may like this others not. Our steady decline over the last 30 years from a great nation to a begger nation could have been avoided but greed triumphed over the public good .

hat tip to http://www.iamned.com good articles

The nation as a whole has changed morally and ethically for the worse and we are reaping what we have all sowed..

[hellboundtrain]

Who will be left to need banks for anything,
nobody will be left with any money;
except the top 1%!

Thanks for the trouble.

[richard5]

They need to close down Chase. Every since they have taken over Washington Mutual, they are making a mess of every customers finances and stealing their money left and right. Somebody needs to step in and close them down. And while they are at it, throw a few of those running chase behind bars for mass robbery.

[RJII]

Richard, I could not agree with your post more. Down with Chase and their execs. They are the worst.

[instagladiator]

And the "scam" continues.