More banks on the way ….
Posted By: admin | 2009.10.28
banks will fail next, several smaller lenders and one large one, Washington Mutual Inc (WM.N: Quote, Profile, Research, Stock Buzz), appear already to have elevated levels of soured loans, relative to their sizes. “You have to look at companies with the greatest exposure to the highest-risk assets, which include construction loans and exotic mortgages,” Cassidy said. “The final nail in the coffin for any depository institution would be a funding crisis where it is unable to gather deposits …
25 Comments:
16sag7 / July 21, 2008 7:10 am
Every where you hear failure, failure, failure. Our current banking system is all air and it cannot fail but only in our minds and from the actions of the IMF, The World Bank, and the Federal Reserve Bank. Money is air and all debt can be dispersed with a swipe of a pen. If you understood the banking system you would realize all this crap is contrived to manipulate you to do what the govenment want you to do. All this shit will lead to us getting the RFID chip to give the banksters control.
plalelal / July 21, 2008 10:22 pm
Your income tax money all of it goes towards our national debt. All we are paying is the interest on it, nothing towards the principle. No end to it, except total collapse. Do you who “we” owe? The Federal Reserve which is a private bank ran for profit! They print our money out of thin air and charge us all interest to use it! That’ why inflation is up, the money is worth less. In 5 years we have went from a ratio of 1:1 Euro vs. U.S. dollar, now it takes $1.60 U.S. to equal a Euro!
YHWHshumbleservant / July 23, 2008 12:42 am
This is the truth of the sad state of our country’s economy. I don’t really have much in the bank as savings, certainly well below $100,000, so I’m sure I’ll be okay for now. It will really affect the higher income folks, and people like our parents who have serious retirement savings well over $100,000 This is sad. We may have to take in our parents, if they lose their retirement funds, and have to sell their homes to live on. Something must be done to stop the greedy lying Feds!
chelle099 / July 23, 2008 7:43 pm
Alex Jones has ALL THE ANSWERS…
Listen to the show. It’s on now at
infowars(dot)com
And he has BIG guests on who already know what’s up such as Willie Nelson, Charlie Sheen, Jesse Ventura, Bob Chapman and more.
Real news is ONLY found on his website and not on the alphabet local and cable news stations (which are all propaganda mediums).
Infowars(dot)com, for everything newsworthy and that’s until they switch us over to INTERNET 2 later on this year after the war with Iran starts.
MYFreeSpeach4U / July 23, 2008 8:38 pm
Here is a real problem, CNN, Not a trusted source of news, and for orman is a shit person, what is she worth, because she pryes on the souls of people that are not in the know, You have lost the IRA’s school funds, and all, anything over 100k is ok for a few weeks, but over 100k you get 10%, and this ali is a cnn no good sob, and no your money is not safe any where,
So Rockfeller(JP.Morgan)Chase, Citi, we’ll but at 2.00
kosai19 / July 23, 2008 10:49 pm
Yeah they were fine. Fine to lose all their money.
davidchenard / July 24, 2008 3:03 am
How long will it take to receive your insured deposit amount? What will the dollar be worth when you finally get it back?
davidluk8 / July 25, 2008 4:36 pm
The lady speak the TRUTH.
sindre101 / July 26, 2008 8:52 pm
haha, USA are all falures… from a guy living in Norway
RemiG2006 / July 27, 2008 12:42 pm
Gerg!
You cannot compare Norway with 4 million citizens, small stock market OSEBX with few midsize banks and with wealthy national mutual fund to 300 MILLION NATION. With 50 times Norge GDP! Budget revenues $224.2 billion to US $2.568 TRILLION! And so on!
Banks failures is a normal thing but fraud, greed, systemic mismanagement, lack of transparency (level 3 assets) ….. is something unacceptable!
glup2glup / July 27, 2008 2:39 pm
Alert crash!!
remove spaces and read
w w w . leap2020 . eu / GEAB – N – 26 – is – available ! – LEAP – E2020 – Summer – 2008 – Alert – July – December – 2008 – The – world -plunges-into-the-heart-of-the-global_a1800.html
elektrikcity / July 28, 2008 8:36 pm
Right, and in a few years we won’t be able to catch up with paying even the interest!
Anothercoilgun / July 31, 2008 4:47 am
What I do not understand is how these greater than 100,000 account holders not uderstand to distribute their money in different banks. I know shit about money but I do know not to keep 100,000 in one bank.
Do they not have advisers? Did their advisers not tell them what I just typed? Do they not know what FDIC means? Last question seams unlikely.
P.S. Fuck them hahha burn down baby.
Decebal825 / August 4, 2008 10:23 am
you yanks are going to loss so much money with all the up and coming bank collapse it’s not funny. and for those of you who won’t are going to be taken to the cleaners by hyperinflation.
better park your money in gold in this situation.
froobcity / August 5, 2008 1:39 am
yep cant lose with gold and a safety deposit box
mija2006 / August 8, 2008 12:19 am
hahahaha omfg…”you’d believe your bank is very strong”…wake up idiot! yeah strong but not for you. i don’t feel sorry for these deadheads like that b/c these probably the same ones laughing about us when we talk about the nwo, fema, etc.
i keep my money under my freaking pillow until it’s time to exchange for gold,if not fuck it i will survive with that paper too.
Joyriser / August 12, 2008 6:54 pm
Good Vid this and nice one Suze for telling it as it is! “Irresponsible” is being nice and this mess is a natural result of what has been going on for decades!Lending based on greed and creative accounting!A theme park economy with no solid foundation! Give em a mortgage and a credit card and tell em the economy is fine!
usergently / August 18, 2008 6:59 pm
It’s going down the drain! from a guy from Québec.
brendandylanmaloney / September 9, 2008 1:37 am
THEY ARE ALL SHEEP !
bmwstox / September 10, 2008 5:58 am
This is the same dyke that was telling everyone to buy stocks like crazy, look at the stock mkt. now.
sweetmohawklady / September 26, 2008 4:56 am
JP Morgan & friends are licking their chops, having a scotch on the rocks with G W Bush & VP Cheney laughing. FBI will not do anything to the CEOS cause the Rothschilds & Rockefellers will kick their asses if they lay one hand on their Banksters Cartel.
bigdog49094 / September 27, 2008 9:11 am
Well if we refuse the bailout they won’t be so happy call your representatives and let them know they vote for the bail they are will be fired by the vote.
WarmothGuitarist / November 12, 2008 9:37 am
You’re absolutely correct. Sadly, this will be a global financial crash. We’re all in this boat together, and we as individuals better get our shit together.
There will be a financial reckoning, and I hope all of those $5 cups of Starbucks coffee were good…
WarmothGuitarist / November 12, 2008 9:38 am
“THEY ARE ALL SHEEP !”
I couldn’t have said it any better myself.
pjluj / February 13, 2009 10:58 pm
This country’s WORSE enemy is it’s OWN people.
While you fight about stupid issues, the US Gov. Tyranny is working to bring you down.
The American people will die due to their ignorance mixed with arrogance. They are forever gonna be fighting each other over issues that are not even important.(illegal immigration) at this time.
They are fighting the wrong enemy.
But know what? They have been conditioned to hate each other. Divide n Conquer. Satan’s motto. You are
so easily dominated.