muses of the moment

June 27, 2009

FDIC continues controlled bank implosion

Filed under: Bank bailout, Economic Crisis, FDIC, Safe banks, The Banking Crisis, The Financial Crisis — totallygroovygirlfriday @ 6:14 am

5 more banks implode on Friday:

FDIC official site

Are you protected?

This is the boiling frog process. No one is concerned until their bank goes under or the FDIC runs out of money. The banking system is broken.

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