Saturday, November 22, 2008

Three more bank failures on Friday

1) Downey Savings & Loan of California
2) PFF Bank & Trust of California
3) Community Bank of Georgia.

- Downey Savings had total assets of $12.8 billion and total deposits of $9.7 billion

- PFF Bank had total assets of $3.7 billion and total deposits of $2.4 billion

- Community Bank of Georgia had total assets of $681.0 million and total deposits of $611.4 million

FDIC List of Failed Banks

1 Comments:

At 11/22/2008 10:31 AM, Anonymous jerry said...

American business is going down with the full approval of this message from George W. Bush. That video of Bush failing to shake hands or have his hand shaken was incredible.

We all remember the kid who screwed up and did something bad. He got caught and had to go and face the adult music. He had his head down and hands folded in front of himself as he walked up to the adult or the principal. Embarrassment and shame had engulfed that kid.

That was Bush. Unconsciously embarrassed and ashamed for allowing the economy to fold up and burn, while the rest of the world, too close to the flames, began burning, too.

Seen as the most famous f**k-up in the world as he stood before the world's judgers

 

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