muses of the moment

March 23, 2009

More Banks Implode

Filed under: Credit Derivatives, Safe banks, The Banking Crisis, The Financial Crisis — totallygroovygirlfriday @ 2:14 pm

Making up for lost Friday afternoons, the FDIC took over three more banks.

Check out the bank implode website on my blog roll.

The more concerning event last Friday was the take over of two of the regional credit unions.

The Credit Unions seem to be in real trouble here and the press isn’t writing about.

Make sure you have protected your investments.

The Fed is printing trillions¬†left and right just when they are saying the market is stable. What do they know that they aren’t telling us? This newest printing and buying of toxic debt is a proactive measure, not a reactive measure. Proactive against what?

The Fed doesn’t want the secret to be let out. The entire global financial system is collapsing, and they are not able to do anything about it.

Commerical Loan Implosion…coming soon.

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