I must admit, I am getting very worried that the FDIC refuses to close banks that are begging to be closed with 40 B assets-Losses?. I see the list of problem banks and it is mind blowing. One bank we all know in LV with one trillion assets that we have already bailed out once. Let me see, LV still has housing and commercial problems? When that bank is on the D list are we to believe there is not problem?
I just saw another one today on the Armed Forces Bank that I posted on another thread. You make your own conclusion if they should be open.
Now why have these banks not been closed by the FDIC?
A little tin foil now, Capt. Eric Mays thinks Chicago, NY and Houston are still a threat. Recent warning. He keeps talking about the Sears Tower= Now the Willis Tower in Chicago. He is saying 9/09/09 for one of these locations.
If that should happen, or they have a bank holiday right around that time, you add the rest. The date would make sense. Not saying it will, but I am very uncomfortable that the FDIC is not closing down major problem banks, and just closing small banks right now.
As in those articles they know they are all in deep trouble and the press and them can spin it all they want. My thoughts.
Time will tell.
