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07/23/2011 05:10 PM ID: 90209 Permalink   

Three More U.S. Banks Closed by Regulators

 

Federal regulators closed LandMark Bank and Southshore Community Bank of Florida, the regionĀ“s eigth and ninth bank failure this year.

Customers of LandMark and Southshore are said to become customers of American Momentum. The third failed bank is the Bank of Choice in Greeley, Colorado.

Florida has the second highest amount of bank failures in 2011 with 9 after Georgia, who had 15 banks closed.

 
  Source: www.upi.com  
    WebReporter: edie Show Calling Card      
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  4 Comments
  
  Echos from the housing bubble!  
 
n/t
 
  by: thedrewman   07/23/2011 10:37 PM     
  Next bubble?  
 
Student loans.

Stupid high tuition rates, the inability to erase this debt through bankrupcy, the state of the job market plus the inability of politicians in USA to enact a true jobs program.
 
  by: Trevelyan   07/24/2011 10:51 PM     
  @Everybody  
 
The worst is still yet to come. The whole world is in a bubble, they are chasing a $700 Trillion derivatives bubble. The world is insolvent. Derivative means "phantom" ,its paper.

Thanks Keynes & Regulations. When Bernake unleashes QE3 and Obama spends Trillions more its...

Goodnight Irene

[ edited by t-bagger ]
 
  by: t-bagger   07/25/2011 08:14 AM     
  Actually  
 
Its already goodnight Irene, but Obama/Bernanke will nuke it

get ready
 
  by: t-bagger   07/25/2011 08:18 AM     
 
 
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