Saturday, February 04, 2012
1. Why all the government's bailouts, tricks, and manipulations are guaranteed to fail in the end
 
2. Forget mortgages... This could be the next HUGE bank scandal
 
3. We could be dangerously close to a global bank run
 
1. PIMCO's Bill Gross just made an astonishing comment
 
2. Forget Greece... This U.S. state could run out of money in a month
 
3. The 25 most overpriced cities in the U.S.
 
4. What legendary investor Jim Rogers thinks about Facebook
 
5. We could be on the verge of three HUGE technology breakthroughs
 
Former bank regulator: "Unlimited taxpayer bailout" coming soon
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Monday, July 26, 2010
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From Mish's Global Economic Trend Analysis:

Last Friday seven more banks failed, bringing the total bank failures to 103.

U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota, and Oregon.

... The number of banks on the FDIC's confidential "problem" list jumped to 775 in the first quarter, from 702 three months earlier, even as the industry as a whole had its best quarter in two years.

The FDIC is now deep in the red and the situation is getting worse every week. The situation would be even worse were it not for...

Read full article...

More on banks:

Pay czar Feinberg blasts big banks

Star analyst Whitney: Avoid banks "at all costs"

Euro sham: European bank "stress tests" revealed

Topics: Banks | Bailout | Cruxallaneous
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