BFF=Bank Failure Friday 2010

[Zippyjuan]

It is that day again.

They might want to start with the 90 banks that are not paying back tarp payments.

Any list or number of such banks? In October the number was reported to be 24 which missed a TARP payment. http://www.businessinsider.com/number-of-banks-who-didnt-repat-tarp-increases-2009-10 I can't find anything much more current than that (payments are quarterly). Some of the ones on this list have paid off their TARP funds. As far as I can find, no compete list of TARP banks has been published either.

 

[Sarge]

Zip,

I will try to track that down again tomorrow. As much as I have surfed today, it might be hard. It did say 90.

There is so much going on right now, it is hard to keep up with all that is or is getting ready to blow up.

Anyone not paying attention this weekend, might just want to pay attention.

 

[Sarge]

"More Than 90 Banks Miss May TARP Payments"

Copyright. Just google and type in 90 banks miss tarp payments. All over the news.

 

[Zippyjuan]

Thanks. I was trying to just search banks miss TARP payments.

One article give some idea of how many banks got TARP funds.

While many of the largest U.S. banks easily repaid billions in TARP aid, more than 600 smaller banks still hold $130 billion from the program, created at the height of the financial crisis.

http://www.reuters.com/article/idUSTRE65F46K20100616

 

[Sarge]

Two banks so far. FL and GA,

http://www.fdic.gov/bank/individual/failed/banklist.html

 

[Sarge]

I know this is a waste of time, as they will likely not close any banks on a Holiday weekend.

I don't know why not though, as they among others in power have and are ruining the meaning of the Holiday. It has become a show to keep the sheeple thinking all is well. Many cities can't even afford the show any longer.

They have to laugh at us putting hot dogs and burgers on the barbie while they dine high on the hog having stuck us with their greed and theft.

I still intend to enjoy family and friends.

 

[HOLLYWOOD]

They close them AFTER the markets close, and hope the long holiday weekend will make everyone forget by Tuesday morning's market opening.

 

[Sarge]

H,

I am guessing they are short on cash.

 

[Sarge]

No closures this week.

Double down next week if they have the money is my guess.

 

[tmosley]

Remember when they used to close MORE banks on holiday weekends?

Things are getting worse...

 

[HOLLYWOOD]

Remember when they used to close MORE banks on holiday weekends?

Things are getting worse...

Sheila Bair wants (waiting) for that $19 Billion of people's money via Bank Fees, in that Banking reform act.

Stealing more by the week to maintain their fiscal empire... and we slowly but surely pay for it ALL.

 

[celinar]

Few more hours and we'll know who is on the list in this week. They need to crank it up in February I guess..

 

[Sarge]

It is that day again. I saw somewhere where Sheila was saying 76 problem banks this week.

Well, this is her chance. Oh, silly me, she also said something about needing more staff to be hired.

We shall see.

 

[Sarge]

MD on the list tonight . 2 banks so far.,

http://www.fdic.gov/bank/individual/failed/banklist.html

 

[Wolverine302]

just two? lame.

 

[Cap]

Now 4.

 

[libertybrewcity]

Now 4.

only 4 banks in 2010 so far? what happened to "more banks will close in the first 6 months of 2010 than in all of 2009"?

 

[HOLLYWOOD]

only 4 banks in 2010 so far? what happened to "more banks will close in the first 6 months of 2010 than in all of 2009"?

The closing date will give the count.

Here: http://www.fdic.gov/bank/individual/failed/banklist.html

 

[Zippyjuan]

only 4 banks in 2010 so far? what happened to "more banks will close in the first 6 months of 2010 than in all of 2009"?

Four is the number closed this week- not the year to date.

 

[libertybrewcity]

wow, that's a lot of banks that have closed.