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Message: Failed bank list

Failed bank list

posted on Dec 18, 2009 08:08PM

Has any one been following the failed banking list that comes out each Friday? Today we lost 6 more banks with one of the banks being so bad that the FDIC couldn't find anyone to buy the assets. So anyone with bank accounts within the bank will get checks mailed to them from the FDIC isn't that nice! Anyone with over 250K in the bank could stand to lose the money. I can't see how wall street is not picking up on this story. I know most of the banks have been small but we know a lot of the regional banks are still in trouble and getting worse. I can't see how this is not bullish for gold and KBX

Joe

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