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biz burada dow kac puan dusmus kac puan cikmis destegi nerede direnc nerede diye tartisiyoruz elin gavuru parasini bankasina yatirmis cekmeye gelince paranin tamamini vermiyolar,ben simdi ne yapicam diye agliyor.Ayni 2001 gozumun onune geldi.Bunlari short oldugum icin yazmiyorum.Bakin bu sistem cokuyor birileri fena sekilde altinda kalacak.Benden demesi.
biz burada dow kac puan dusmus kac puan cikmis destegi nerede direnc nerede diye tartisiyoruz elin gavuru parasini bankasina yatirmis cekmeye gelince paranin tamamini vermiyolar,ben simdi ne yapicam diye agliyor.Ayni 2001 gozumun onune geldi.Bunlari short oldugum icin yazmiyorum.Bakin bu sistem cokuyor birileri fena sekilde altinda kalacak.Benden demesi.
Sayın [COLOR="Blue"] Kayahan' A[/COLOR] ÖZEL İSTEK....
sAYIN Kayahan yukarıda yapmış oldugunuz alıntılar kopyalamalar için teşekkür ederim şahsım adına,,yanlız,,
yapmış oldugunuz ingilizce vede almanca yazıları okuyup anlayamıyorum...
sizden ricam siz bunları okuyup işin özünü bize [COLOR="blue"]türkçe [/COLOR] anlatııtıp .yazarsanız çok sevinirim.......cbaykus
Sayın [COLOR="Blue"] Kayahan' A[/COLOR] ÖZEL İSTEK....
sAYIN Kayahan yukarıda yapmış oldugunuz alıntılar kopyalamalar için teşekkür ederim şahsım adına,,yanlız,,
yapmış oldugunuz ingilizce vede almanca yazıları okuyup anlayamıyorum...
sizden ricam siz bunları okuyup işin özünü bize [COLOR="blue"]türkçe [/COLOR] anlatııtıp .yazarsanız çok sevinirim.......cbaykus
Google den aratınca çıktı .sizin de okumanızı istedim........
Batan Bankalar, Satılan Bankalar Derken Yok Olmaya Yüz Tutan Bankacılığımız
Bir dönem batan bankalar gündemdeydi. şimdi de satılan bankalar. Yakın gelecekte de yok olan bankacılık sistemimiz konuşulacak gibi…
2000’li yıllara yaklaşırken ve hemen sonrasında batan bankalar, battığı için el konulan, devlet güvencesine alınan bankalar, batan bankaların kapısında kriz geçiren mudiler çok konuşuldu, çok konu oldu.
Sonrasında 2001 krizi patlak verdi. Arkasından Kemal Derviş (davet edildi süsü verilerek) gönderildi Türkiye’ye. O zamanlar birçok kişi Derviş’i kurtarıcı gibi gördü, savundu.
Sonrasında IMF, Türkiye’de ekonomik yönetimi Derviş aracılığıyla ele aldı. Halen de elinde tutuyor. IMF’den kurtuluş yollarını arayan bir yönetim hala ufukta gözükmüyor…
ABD’nin, büyüyen ekonomileri törpüleme aracı olan IMF, Türk halkı nezdinde fazla kabul görmese de, kriz sonrası ekonomik her kararı IMF doğrultusunda veren Türkiye’de batan bankalar bir, bir satışa çıkarıldı.
El konulan bazı bankaları, Danıştay, ‘usulsüz el konuldu’ gerekçesiyle iade etti.
Bütün bunlar Türk Bankacılık sisteminin bocalatıldığı bir dönemdir. Batanlar mı, batırılanlar mı, el konulanlar mı, satılanlar mı? Kimler haklı, kimler haksız, adil yargılama yapıp karar vermek yargının işidir.
Batma, batırılma, el konulma satılma manzaralarından sonra Türk Bankacılığının geldiği noktada görüyoruz ki Türk Bankaları birer, birer yabancılara satılıyor. Ve yabancılar bankalarımızı almak için sıraya giriyor.
Bankacılık sektörünün, üst limit olarak % kaçı yabancılara satılabilir?
Araştırdığım kadarıyla bu konuyla ilgili bir üst limit göremedim. Satılabildiği kadar satılır diye bir esneklik var sanırım bu konuda.
Yabancıya satışlar konusuna bir başka noktadan, emlak piyasasından bakınca, satılabilir mülklerin %05’inin (binde beşi) yabancıya satılmasına müsaade ediliyor ibaresi mevcut.
Ancak, binde beş dense de, Türkiye’de yabancıya ne kadar mülk satıldığını bir denetleyen var mı acaba..? Çok değerli kıyı bölgelerimizde, Ege Bölgesinin turistik mekanlarında gelip dükkan açmış olan yabancı emlak şirketleri topraklarımızı kendi vatandaşlarına öyle bir satıyorlar ki, çoğumuz farkında bile değiliz.
Bu şirketlerde çalışan kendi vatandaşlarımız da “Çok sevdiğim Atatürk beni affetsin, onun kurtardığı toprakların, onun kurtardığı ülkelere metre, metre satılmasında ben de rol almış durumdayım” diye af diliyor olmalılar…
Muğla-Milas yakınlarındaki turistik Güllük beldesinde, belde sakini bir vatandaşla, sahil bölgelerimizdeki yabancıya satılan mülkleri konuşurken, hiç unutmuyorum şöyle demişti:
-Beni asıl endişelendiren satılan topraklar değil, satılan bankalarımızdır. Bizi bekleyen kötü senaryolar, ekonomimiz yabancıların eline geçtiği zamandır.
Güllük sakini bu beyefendiye o zaman çok hak vermiştim.
Bir dönem batıklarla, el koymalarla bocalatılan banklarımızın bugün bu kadar satışa sunulması doğru mu acaba? Satılması kararlaştırılan payın, tüm sektörün %30’u bile olsa bu oran az bir oran değildir. Diğer ülkelerde bankacılık sektörü ne oranda yabancıların elindedir?
Gazeteci yazar Yiğit Bulut bu oranları şu şekilde vermektedir:
[-Gelişmiş AB ülkelerinde oranlar oldukça düşük. Örneklemek gerekirse; AB ülkelerinden Almanya'da yabancı sermaye payı yüzde 5, ıtalya'da yüzde 8, ıspanya'da yüzde 10, Hollanda'da yüzde 11, Danimarka'da yüzde 17, Avusturya ve Fransa'da yüzde 19, Yunanistan'da yüzde 20'nin dahi altında.
— Yabancı payının yüksek olduğu ülkeler AB'nin ve IMF'nin kontrol ettiği daha doğrusu sömürdüğü ülkeler. Bunları da örnekleyelim; Estonya'da yüzde 100, Çek Cumhuriyeti'nde yüzde 95, Slovakya'da yüzde 93, Meksika'da yüzde 82, Macaristan ve Polonya'da yüzde 65, Arjantin'de yüzde 48, Peru'da yüzde 47, şili'de yüzde 42.
Yiğit Bulut–05.09.2006-Radikal]
Bir zamanlar Avrupa ve ABD’de şubeler açan, güçlü bir yapıya sahip olan Türk Bankacılık sistemi, sistemli bir şekilde bocalattırıldı, batırıldı, el konuldu, birçok badire atlatıldı. Ve zayıflatıldı. şimdilerde ise özel bankalar ve özelleştirilen devlet bankaları yabancılara pey der pey satılıyor. Bu bir felaket tellallığı değil ama gidişat hiç iyi değil.
Nelere sahip çıkacağımıza toplum olarak hala karar verebilmiş değiliz. Ama en azından devletin satılan bankalara bir dur demesi gerektiği inancındayım.
08.11.2006
[email]dsucuka@hotmail.com[/email]
Son iki yıldaki satışlar (18 Ekim 2006)
Son iki yılda gerçekleştirilen satışlar ve ortaklıklar şöyle:
* BNP Paribas, TEB Mali Yatırımlar'ın yüzde 50 hissesini 216.8 milyon dolara satın aldı.
* Yapı ve Kredi Bankası'nın TMSF'ye ait yüzde 57.4 hissesi, Koçbank'a 1 milyar 182 milyon euroya satıldı
* Dışbank'ın yüzde 89.34'ünü temsil eden hisseleri, 880 milyon 25 bin euroya Fortis'e satıldı.
* GE Consumer Finance, 1 milyar 555 milyon dolara Garanti'nin hisse senetlerinin yüzde 25.5'ini satın aldı.
* ısrail'in en büyük bankası Bank Hapoalim, C Bank'ın yüzde 58'ini 113 milyon dolara aldı.
* Finansbank'ın çoğunluk hissesi 2 milyar 291 milyon euroya Yunan Ulusal Bankası'na (NBG) satıldı.
* Tekfenbank, hisselerinin yüzde 70'ini Yunanistan'ın önde gelen bankalarından EFG Eurobank'a sattı
* Denizbank'ın yüzde 75 hissesi, 2.44 milyar dolara Dexia'ya satıldı.
* şekerbank'ın yüzde 33.98 hissesi, Kazak Bank Turan Alem Group'a 424 milyon 733 bin YTL karşılığında satıldı.
* MNG Bank'ın yüzde 91 hissesi, Lübranlı Hariri Ailesi'ne ait BankMed ve ailenin yüzde 15 oranında ortak olduğu Arab Bank'a satıldı
* Akbank'ın yüzde 20 hissesi, 3.1 milyar dolar karşılığında Citigroup'a satıldı
Uluslararası sermayeye yapılan bu satışların toplamı iki yılda 14 milyar dolara dayandı. Ayrıca satış görüşmeleri devam eden Alternatifbank ve Oyakbank'ta da satışın gerçekleşmesi durumunda bu rakamın 15 milyar dolara yaklaşması bekleniyor.
Yabancı payı yükseliyor
Türkiye'deki bankaların yabancı finans gruplarına satılmasının ardından sektördeki yabancı payı da yüzde 20'nin üzerine çıktı. Halkbank ve Vakıflar Bankası ile birlikte gündemdeki diğer bankaların da yabancılara satılması halinde bu rakam yüzde 30'a yükselecek.
CNN TURK
Bankacılık
webmaster
Google den aratınca çıktı .sizin de okumanızı istedim........
Batan Bankalar, Satılan Bankalar Derken Yok Olmaya Yüz Tutan Bankacılığımız
Bir dönem batan bankalar gündemdeydi. şimdi de satılan bankalar. Yakın gelecekte de yok olan bankacılık sistemimiz konuşulacak gibi…
2000’li yıllara yaklaşırken ve hemen sonrasında batan bankalar, battığı için el konulan, devlet güvencesine alınan bankalar, batan bankaların kapısında kriz geçiren mudiler çok konuşuldu, çok konu oldu.
Sonrasında 2001 krizi patlak verdi. Arkasından Kemal Derviş (davet edildi süsü verilerek) gönderildi Türkiye’ye. O zamanlar birçok kişi Derviş’i kurtarıcı gibi gördü, savundu.
Sonrasında IMF, Türkiye’de ekonomik yönetimi Derviş aracılığıyla ele aldı. Halen de elinde tutuyor. IMF’den kurtuluş yollarını arayan bir yönetim hala ufukta gözükmüyor…
ABD’nin, büyüyen ekonomileri törpüleme aracı olan IMF, Türk halkı nezdinde fazla kabul görmese de, kriz sonrası ekonomik her kararı IMF doğrultusunda veren Türkiye’de batan bankalar bir, bir satışa çıkarıldı.
El konulan bazı bankaları, Danıştay, ‘usulsüz el konuldu’ gerekçesiyle iade etti.
Bütün bunlar Türk Bankacılık sisteminin bocalatıldığı bir dönemdir. Batanlar mı, batırılanlar mı, el konulanlar mı, satılanlar mı? Kimler haklı, kimler haksız, adil yargılama yapıp karar vermek yargının işidir.
Batma, batırılma, el konulma satılma manzaralarından sonra Türk Bankacılığının geldiği noktada görüyoruz ki Türk Bankaları birer, birer yabancılara satılıyor. Ve yabancılar bankalarımızı almak için sıraya giriyor.
Bankacılık sektörünün, üst limit olarak % kaçı yabancılara satılabilir?
Araştırdığım kadarıyla bu konuyla ilgili bir üst limit göremedim. Satılabildiği kadar satılır diye bir esneklik var sanırım bu konuda.
Yabancıya satışlar konusuna bir başka noktadan, emlak piyasasından bakınca, satılabilir mülklerin %05’inin (binde beşi) yabancıya satılmasına müsaade ediliyor ibaresi mevcut.
Ancak, binde beş dense de, Türkiye’de yabancıya ne kadar mülk satıldığını bir denetleyen var mı acaba..? Çok değerli kıyı bölgelerimizde, Ege Bölgesinin turistik mekanlarında gelip dükkan açmış olan yabancı emlak şirketleri topraklarımızı kendi vatandaşlarına öyle bir satıyorlar ki, çoğumuz farkında bile değiliz.
Bu şirketlerde çalışan kendi vatandaşlarımız da “Çok sevdiğim Atatürk beni affetsin, onun kurtardığı toprakların, onun kurtardığı ülkelere metre, metre satılmasında ben de rol almış durumdayım” diye af diliyor olmalılar…
Muğla-Milas yakınlarındaki turistik Güllük beldesinde, belde sakini bir vatandaşla, sahil bölgelerimizdeki yabancıya satılan mülkleri konuşurken, hiç unutmuyorum şöyle demişti:
-Beni asıl endişelendiren satılan topraklar değil, satılan bankalarımızdır. Bizi bekleyen kötü senaryolar, ekonomimiz yabancıların eline geçtiği zamandır.
Güllük sakini bu beyefendiye o zaman çok hak vermiştim.
Bir dönem batıklarla, el koymalarla bocalatılan banklarımızın bugün bu kadar satışa sunulması doğru mu acaba? Satılması kararlaştırılan payın, tüm sektörün %30’u bile olsa bu oran az bir oran değildir. Diğer ülkelerde bankacılık sektörü ne oranda yabancıların elindedir?
Gazeteci yazar Yiğit Bulut bu oranları şu şekilde vermektedir:
[-Gelişmiş AB ülkelerinde oranlar oldukça düşük. Örneklemek gerekirse; AB ülkelerinden Almanya'da yabancı sermaye payı yüzde 5, ıtalya'da yüzde 8, ıspanya'da yüzde 10, Hollanda'da yüzde 11, Danimarka'da yüzde 17, Avusturya ve Fransa'da yüzde 19, Yunanistan'da yüzde 20'nin dahi altında.
— Yabancı payının yüksek olduğu ülkeler AB'nin ve IMF'nin kontrol ettiği daha doğrusu sömürdüğü ülkeler. Bunları da örnekleyelim; Estonya'da yüzde 100, Çek Cumhuriyeti'nde yüzde 95, Slovakya'da yüzde 93, Meksika'da yüzde 82, Macaristan ve Polonya'da yüzde 65, Arjantin'de yüzde 48, Peru'da yüzde 47, şili'de yüzde 42.
Yiğit Bulut–05.09.2006-Radikal]
Bir zamanlar Avrupa ve ABD’de şubeler açan, güçlü bir yapıya sahip olan Türk Bankacılık sistemi, sistemli bir şekilde bocalattırıldı, batırıldı, el konuldu, birçok badire atlatıldı. Ve zayıflatıldı. şimdilerde ise özel bankalar ve özelleştirilen devlet bankaları yabancılara pey der pey satılıyor. Bu bir felaket tellallığı değil ama gidişat hiç iyi değil.
Nelere sahip çıkacağımıza toplum olarak hala karar verebilmiş değiliz. Ama en azından devletin satılan bankalara bir dur demesi gerektiği inancındayım.
08.11.2006
[email]dsucuka@hotmail.com[/email]
Son iki yıldaki satışlar (18 Ekim 2006)
Son iki yılda gerçekleştirilen satışlar ve ortaklıklar şöyle:
* BNP Paribas, TEB Mali Yatırımlar'ın yüzde 50 hissesini 216.8 milyon dolara satın aldı.
* Yapı ve Kredi Bankası'nın TMSF'ye ait yüzde 57.4 hissesi, Koçbank'a 1 milyar 182 milyon euroya satıldı
* Dışbank'ın yüzde 89.34'ünü temsil eden hisseleri, 880 milyon 25 bin euroya Fortis'e satıldı.
* GE Consumer Finance, 1 milyar 555 milyon dolara Garanti'nin hisse senetlerinin yüzde 25.5'ini satın aldı.
* ısrail'in en büyük bankası Bank Hapoalim, C Bank'ın yüzde 58'ini 113 milyon dolara aldı.
* Finansbank'ın çoğunluk hissesi 2 milyar 291 milyon euroya Yunan Ulusal Bankası'na (NBG) satıldı.
* Tekfenbank, hisselerinin yüzde 70'ini Yunanistan'ın önde gelen bankalarından EFG Eurobank'a sattı
* Denizbank'ın yüzde 75 hissesi, 2.44 milyar dolara Dexia'ya satıldı.
* şekerbank'ın yüzde 33.98 hissesi, Kazak Bank Turan Alem Group'a 424 milyon 733 bin YTL karşılığında satıldı.
* MNG Bank'ın yüzde 91 hissesi, Lübranlı Hariri Ailesi'ne ait BankMed ve ailenin yüzde 15 oranında ortak olduğu Arab Bank'a satıldı
* Akbank'ın yüzde 20 hissesi, 3.1 milyar dolar karşılığında Citigroup'a satıldı
Uluslararası sermayeye yapılan bu satışların toplamı iki yılda 14 milyar dolara dayandı. Ayrıca satış görüşmeleri devam eden Alternatifbank ve Oyakbank'ta da satışın gerçekleşmesi durumunda bu rakamın 15 milyar dolara yaklaşması bekleniyor.
Yabancı payı yükseliyor
Türkiye'deki bankaların yabancı finans gruplarına satılmasının ardından sektördeki yabancı payı da yüzde 20'nin üzerine çıktı. Halkbank ve Vakıflar Bankası ile birlikte gündemdeki diğer bankaların da yabancılara satılması halinde bu rakam yüzde 30'a yükselecek.
CNN TURK
Bankacılık
webmaster
[quote=follow;21989]sayin kayahan yukaridaki alintilarin ingilizcesi varmi??[/quote]
[B]SAN FRANCISCO (MarketWatch) -- IndyMac Bancorp Inc. became the biggest casualty of the subprime mortgage crisis on Friday, as federal regulators shut down the troubled Pasadena, Calif.-based savings bank in one of the largest U.S. bank failures ever.[/B]
The Federal Deposit Insurance Corp. said in a statement it will take over operations of IndyMac ([URL="http://www.marketwatch.com/quotes//imb"]IMB[/URL]:IndyMac Bancorp Inc
[URL="http://www.marketwatch.com/tools/quotes/news.asp?symb=IMB"]News[/URL], [URL="http://www.marketwatch.com/tools/quotes/intchart.asp?symb=IMB"]chart[/URL], [URL="http://www.marketwatch.com/tools/quotes/profile.asp?symb=IMB"]profile[/URL], [URL="http://www.marketwatch.com/quotes//imb"]more[/URL]
Last: 0.28-0.03-9.68%
4:00pm 07/11/2008[IMG]http://www.marketwatch.com/charts/big.chart?style=1032&size=1&type=256&uf=8192&time=1dy&freq=1mi&symb=IMB[/IMG]
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[IMG]http://i.mktw.net/images/bullet_black_5x5.gif[/IMG][URL="http://www.marketwatch.com/tools/quotes/financials.asp?symb=IMB&dist=mktwstoryfinancials"]Financials [/URL]
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<img class="pixelTracking" border="0" height="1" width="1">[URL="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=IMB"]IMB[/URL] 0.28, -0.03, -9.7%) , which will open for business on Monday as IndyMac Federal Bank. The thrift had total assets of $32.01 billion as of March 31.
Much of IndyMac's business was built on Alt-A single family mortgages, which were often made to borrowers with poor credit. As the secondary market for these loans collapsed, IndyMac's financial condition became precarious.
"IndyMac has been in trouble for a long time, in part because of the way it funded itself with a large reliance on broker deposits, interest-rate sensitive deposits, and Alt-A mortgage lending," said Bert Ely, a banking consultant in Alexandria, Va.
IndyMac is the second-largest financial institution to fail in U.S. history, according to the Office of Thrift Supervision, which had regulated IndyMac.
Regulators said the "immediate cause" of IndyMac's failure was a deposit run in recent days that began after a June 26 letter to the OTS and the FDIC from New York Senator Charles Schumer was made public. The letter voiced concerns about IndyMac's soundness.
By July 10, depositors had pulled more than $1.3 billion from their accounts, the OTS said in a statement.
"The institution failed today due to a liquidity crisis," said OTS Director John Reich. "Although this institution was already in distress, I am troubled by any interference in the regulatory process."
Schumer couldn't immediately be reached for comment late Friday.
Serious questions about IndyMac's viability had surfaced earlier this week, when the bank reported that regulators said that its business was no longer "well capitalized."
The company had agreed to a new business plan with regulators that included halting new mortgages to shrink its balance sheet and improve capital ratios, while announcing it would cut more than half of its workforce. [URL="http://www.marketwatch.com/News/Story/indymac-halt-loans-cut-staff/story.aspx?guid=%7B3E2A1F03%2D81A8%2D4F47%2D9C22%2DF1D6D18AB129%7D"]See related story.[/URL]
Ely said that while Schumer's letter did have an impact, IndyMac's collapse was only a matter of time. "What Schumer did was wrong and irresponsible, and I'm not sure what he was trying to accomplish," Ely noted. "But IndyMac was already well-known to be a forthcoming failure."
Shares of IndyMac fell more than 60% after hours, to 11 cents. A year ago, the stock traded as high as $29.91. [IMG]http://i.mktw.net/mw3/News/greendot.gif[/IMG]
[I]Jonathan Burton is an assistant personal finance editor for MarketWatch, based in San Francisco.[/I]
[I]John Letzing is a MarketWatch reporter based in San Francisco.[/I]
[quote=follow;21989]sayin kayahan yukaridaki alintilarin ingilizcesi varmi??[/quote]
[B]SAN FRANCISCO (MarketWatch) -- IndyMac Bancorp Inc. became the biggest casualty of the subprime mortgage crisis on Friday, as federal regulators shut down the troubled Pasadena, Calif.-based savings bank in one of the largest U.S. bank failures ever.[/B]
The Federal Deposit Insurance Corp. said in a statement it will take over operations of IndyMac ([URL="http://www.marketwatch.com/quotes//imb"]IMB[/URL]:IndyMac Bancorp Inc
[URL="http://www.marketwatch.com/tools/quotes/news.asp?symb=IMB"]News[/URL], [URL="http://www.marketwatch.com/tools/quotes/intchart.asp?symb=IMB"]chart[/URL], [URL="http://www.marketwatch.com/tools/quotes/profile.asp?symb=IMB"]profile[/URL], [URL="http://www.marketwatch.com/quotes//imb"]more[/URL]
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4:00pm 07/11/2008[IMG]http://www.marketwatch.com/charts/big.chart?style=1032&size=1&type=256&uf=8192&time=1dy&freq=1mi&symb=IMB[/IMG]
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<img class="pixelTracking" border="0" height="1" width="1">[URL="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=IMB"]IMB[/URL] 0.28, -0.03, -9.7%) , which will open for business on Monday as IndyMac Federal Bank. The thrift had total assets of $32.01 billion as of March 31.
Much of IndyMac's business was built on Alt-A single family mortgages, which were often made to borrowers with poor credit. As the secondary market for these loans collapsed, IndyMac's financial condition became precarious.
"IndyMac has been in trouble for a long time, in part because of the way it funded itself with a large reliance on broker deposits, interest-rate sensitive deposits, and Alt-A mortgage lending," said Bert Ely, a banking consultant in Alexandria, Va.
IndyMac is the second-largest financial institution to fail in U.S. history, according to the Office of Thrift Supervision, which had regulated IndyMac.
Regulators said the "immediate cause" of IndyMac's failure was a deposit run in recent days that began after a June 26 letter to the OTS and the FDIC from New York Senator Charles Schumer was made public. The letter voiced concerns about IndyMac's soundness.
By July 10, depositors had pulled more than $1.3 billion from their accounts, the OTS said in a statement.
"The institution failed today due to a liquidity crisis," said OTS Director John Reich. "Although this institution was already in distress, I am troubled by any interference in the regulatory process."
Schumer couldn't immediately be reached for comment late Friday.
Serious questions about IndyMac's viability had surfaced earlier this week, when the bank reported that regulators said that its business was no longer "well capitalized."
The company had agreed to a new business plan with regulators that included halting new mortgages to shrink its balance sheet and improve capital ratios, while announcing it would cut more than half of its workforce. [URL="http://www.marketwatch.com/News/Story/indymac-halt-loans-cut-staff/story.aspx?guid=%7B3E2A1F03%2D81A8%2D4F47%2D9C22%2DF1D6D18AB129%7D"]See related story.[/URL]
Ely said that while Schumer's letter did have an impact, IndyMac's collapse was only a matter of time. "What Schumer did was wrong and irresponsible, and I'm not sure what he was trying to accomplish," Ely noted. "But IndyMac was already well-known to be a forthcoming failure."
Shares of IndyMac fell more than 60% after hours, to 11 cents. A year ago, the stock traded as high as $29.91. [IMG]http://i.mktw.net/mw3/News/greendot.gif[/IMG]
[I]Jonathan Burton is an assistant personal finance editor for MarketWatch, based in San Francisco.[/I]
[I]John Letzing is a MarketWatch reporter based in San Francisco.[/I]
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[URL="http://ml-implode.com/imploded/lender_IndyMacBancorp_2008-07-07.html"][B]It's official: IndyMac in Receivership[/B]
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2008-07-11 — [I]ml-implode.com[/I]
[I]Update - 2008-07-11: (End of day - 3:57 pm PDT) "On, Friday, July 11, 2008, IndyMac Bank, FSB ("IndyMac Bank") was closed by the Office of Thrift Supervision ("OTS") and the Federal Deposit Insurance Corporation ("FDIC") was appointed as Receiver (the "Receiver"). Under the laws of...
[/I]
Here is confirmation and more details from the [URL="http://latimesblogs.latimes.com/laland/2008/07/breaking-federa.html"]LATimes[/URL] and [URL="http://money.cnn.com/2008/07/11/news/companies/indymac_fdic/"]CNNMoney[/URL]. Some interesting details from the CNN article:
[INDENT] According to the FDIC, IndyMac's failure will result in up to $500 million in lost deposits out of $1 billion in uninsured deposits held by 10,000 customers. The agency says the failure will cost the Deposit Insurance Fund between $4 billion and $8 billion, based on preliminary estimates.
"It's possible this will be the most costly bank failure in history, but it's too soon to say," FDIC Chairman Sheila Bair said in a conference call late Friday night. The failure "could also affect premiums paid by all banks for deposit insurance," she added.[/INDENT]I would love to see how the FDIC would pay out much more than $5 billion. They could start selling Treasuries, but this is the absolute worst time for that, given the soaring funding needs of the Federal government, and the sensitivity of interest rates.
They are going to try to sell IndyMac for 90 days. I can't envision any buyers enthusiastic or able to take on the business "whole", including all future liabilities.
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[URL="http://ml-implode.com/imploded/lender_IndyMacBancorp_2008-07-07.html"][B]It's official: IndyMac in Receivership[/B]
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2008-07-11 — [I]ml-implode.com[/I]
[I]Update - 2008-07-11: (End of day - 3:57 pm PDT) "On, Friday, July 11, 2008, IndyMac Bank, FSB ("IndyMac Bank") was closed by the Office of Thrift Supervision ("OTS") and the Federal Deposit Insurance Corporation ("FDIC") was appointed as Receiver (the "Receiver"). Under the laws of...
[/I]
Here is confirmation and more details from the [URL="http://latimesblogs.latimes.com/laland/2008/07/breaking-federa.html"]LATimes[/URL] and [URL="http://money.cnn.com/2008/07/11/news/companies/indymac_fdic/"]CNNMoney[/URL]. Some interesting details from the CNN article:
[INDENT] According to the FDIC, IndyMac's failure will result in up to $500 million in lost deposits out of $1 billion in uninsured deposits held by 10,000 customers. The agency says the failure will cost the Deposit Insurance Fund between $4 billion and $8 billion, based on preliminary estimates.
"It's possible this will be the most costly bank failure in history, but it's too soon to say," FDIC Chairman Sheila Bair said in a conference call late Friday night. The failure "could also affect premiums paid by all banks for deposit insurance," she added.[/INDENT]I would love to see how the FDIC would pay out much more than $5 billion. They could start selling Treasuries, but this is the absolute worst time for that, given the soaring funding needs of the Federal government, and the sensitivity of interest rates.
They are going to try to sell IndyMac for 90 days. I can't envision any buyers enthusiastic or able to take on the business "whole", including all future liabilities.
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[LIST][*][I][URL="http://implode-explode.com/"]Implode![/URL][/I][*][URL="http://ml-implode.com/"]Mortgage Lender[/URL][*][URL="http://hf-implode.com/"]Hedge Fund[/URL][*][URL="http://builder-implode.com/"]Home Builder[/URL][/LIST]
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[B]"[URL="http://bankimplode.com/#disc"]Imploded*[/URL]" Banks:[/B]
[B][URL="http://http//bankimplode.com/blog/?cat=16"]General Implodes[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/07/07/indymac-bancorp-wholesaleretail-2/"]IndyMac Bancorp[/URL][*][URL="http://bankimplode.com/blog/2008/05/09/carnation-banc/"]Carnation Banc[/URL][*][URL="http://bankimplode.com/blog/2008/04/27/freemont-general-put-up-for-sale/"]Freemont General[/URL][*][URL="http://bankimplode.com/blog/2008/03/16/bear-stearns/"]Bear Stearns[/URL][*][URL="http://bankimplode.com/blog/2008/02/18/northern-rock-plc-imploded/"]Northern Rock PLC[/URL][*][URL="http://bankimplode.com/blog/2008/01/29/coast-bank/"]Coast Bank[/URL][/LIST]
[B][URL="http://www.fdic.gov/bank/individual/failed/banklist.html"]FDIC Failed Banks[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/05/31/first-integrity-bank-bites-the-dust/"]First Integrity Bank[/URL][*][URL="http://bankimplode.com/blog/2008/05/09/anb-financial/"]ANB Financial[/URL][*][URL="http://bankimplode.com/blog/2008/03/10/hume-bank-of-hume-mo/"]Hume Bank of Hume, Mo.[/URL][*][URL="http://bankimplode.com/blog/2008/01/28/douglas-national-bank/"]Douglas National Bank[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/miami-valley-bank/"]Miami Valley Bank[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/netbank/"]NetBank[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/metropolitan-savings-bank/"]Metropolitan Savings Bank[/URL][/LIST]
[B][URL="http://www.ncua.gov/indexnews.html"]Failed Credit Unions[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/05/07/st-luke-baptist-federal-credit-union/"]St. Luke Baptist Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/huron-river-credit-union/"]Huron River Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/green-tree-federal-credit-union/"]Green Tree Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/sharebuilders-federal-credit-union/"]Sharebuilders Federal Credit Union[/URL][/LIST]
[B][URL="http://www.ncua.gov/indexnews.html"]Credit Union Conservatorships[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/21/communities-united-credit-union/"]Communities United Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/huron-river-area-credit-union/"]Huron River Area Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/obelisk-federal-credit-union/"]Obelisk Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/peoples-first-choice-federal-credit-union/"]Peoples First Choice Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/cal-state-9-credit-union/"]CAL State 9 Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/norlaco-credit-union/"]Norlaco Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/zion-united-community-credit-union/"]Zion United Community Credit Union[/URL][/LIST]
[B]Writedown Rundown & General Distress:[/B]
[SIZE=-2][B]Name - ($) writedowns / capital raised and loss provisions / level III assets[/B]
[/SIZE]
[LIST][*][URL="http://bankimplode.com/blog/2008/07/11/merrill-lynch/"]Merrill Lynch - $37.5B/*/$34.4B[/URL][*][URL="http://bankimplode.com/blog/2008/07/11/lehman-brothers/"]Lehman Brothers - $7.2B/$6B/$42[/URL][*][URL="http://bankimplode.com/blog/2008/07/10/wachovia/"]Wachovia - $6.8B/$10.5B/$30.4B[/URL][*][URL="http://bankimplode.com/blog/2008/07/08/bank-of-america/"]Bank of America - $4.4B/*/$31.4B[/URL][*][URL="http://bankimplode.com/blog/2008/07/07/citigroup/"]Citigroup - $69.1B/$36B/$22.7B[/URL][*][URL="http://bankimplode.com/blog/2008/06/30/baryclays-plc/"]Barclay’s PLC - $6.4B/$7.8B[/URL][*][URL="http://bankimplode.com/blog/2008/06/25/hbos-plc25b/"]HBOS PLC - $2.5B/$4B[/URL][*][URL="http://bankimplode.com/blog/2008/06/23/jp-morgan-chase-37b/"]JP Morgan Chase - $9.9B[/URL][*][URL="http://bankimplode.com/blog/2008/06/23/canadian-imperial-bank-of-commerce-cm-32b/"]Canadian Imperial Bank of Commerce(CIBC) - $6.7B[/URL][*][URL="http://bankimplode.com/blog/2008/06/21/wells-fargo-14b/"]Wells Fargo - $2.9B/0/$23B[/URL][*][URL="http://bankimplode.com/blog/2008/06/19/morgan-stanley/"]Morgan Stanley - $23.2B[/URL][*][URL="http://bankimplode.com/blog/2008/06/18/fifth-third-bancorp-fitb-155m/"]Fifth Third Bancorp - $155M/$2B[/URL][*][URL="http://bankimplode.com/blog/2008/06/17/goldman-sachs/"]Goldman Sachs - $6.2B[/URL][*][URL="http://bankimplode.com/blog/2008/06/06/national-city-200m/"]National City - $200M[/URL][*][URL="http://bankimplode.com/blog/2008/06/04/the-royal-bank-of-scotland-group-plc-rbs-19b/"]Royal Bank of Scotland - $3.6B/$24B[/URL][*][URL="http://bankimplode.com/blog/2008/06/04/societe-generale-sa-137-85b/"]Societe Generale SA- $13.7 /$8.5B[/URL][*][URL="http://bankimplode.com/blog/2008/06/04/bnp-paribas-sa-19b-0-cash/"]BNP Paribas SA-$2.5B/ $0 cash[/URL][*][URL="http://bankimplode.com/blog/2008/06/02/washington-mutual-16b/"]Washington Mutual - $1.6B[/URL][*][URL="http://bankimplode.com/blog/2008/06/01/ubs/"]UBS - $45.0B/$41.5B[/URL][*][URL="http://bankimplode.com/blog/2008/05/29/royal-bank-of-canada-ry-357m/"]Royal Bank of Canada - $1.4B[/URL][/LIST]
[URL="http://bankimplode.com/blog/?cat=17"]more...[/URL]
[B][URL="http://www.banks-implode.org/category/Breaking-News.aspx"]Bank Implode Blog Exclusives:[/URL][/B]
[LIST][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/risk-is-the-price-of-reward-the-only-problem-is-some-of-us-overpay/"]Risk is the price of reward, the only problem is some of us overpay![/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/the-origins-of-the-next-step-of-my-investment-thesis/"]The origins of the next step of my investment thesis[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/a-glance-at-hsbc-did-the-market-miss-this-one/"]A glance at HSBC - Did the market miss this one?[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/goldman-sachs-snapshot-risk-vs-reward-vs-reputations-on-the-street/"]Goldman Sachs Snapshot: Risk vs. Reward vs. Reputations on the Street[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/cds-stand-for-credit-default-suckers/"]CDS stand for Credit Default Suckers[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/02/a-black-swan-swims-across-the-pond/"]A Black Swan Swims Across the Pond[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/01/even-the-most-bearish-fail-to-see-the-risk-that-stalks-the-banking-world/"]Even the most bearish fail to see the risk that stalks the banking world[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/01/the-bis-conference-in-europe/"]The BIS Conference in Europe[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/01/financial-company-execs-and-leadership-opinions/"]Financial company execs and leadership opinions[/URL][*][URL="http://bankimplode.com/blog/2008/07/11/jp-morgan-to-buy-wachovia-in-bailout-scam/"]JP Morgan to buy Wachovia in Bailout Scam[/URL][*][URL="http://bankimplode.com/blog/2008/07/07/citi-scales-down-and-screws-up/"]Citi Scales Down and Screws Up[/URL][*][URL="http://bankimplode.com/blog/2008/07/07/indymac-significant-seizure-chatter-is-this-the-end-finally/"]IndyMac: Significant Seizure Chatter - Is This the End? Finally![/URL][*][URL="http://bankimplode.com/blog/2008/07/02/finger-in-the-dike/"]Finger In The Dike[/URL][*][URL="http://bankimplode.com/blog/2008/07/01/mozzillo-broke-it-now-bank-of-america-owns-it/"]Mozilo Broke It, Now Bank of America Owns It[/URL][*][URL="http://bankimplode.com/blog/2008/07/01/about-face-on-option-arms/"]Wachovias About Face on Option ARMS[/URL][/LIST]
[URL="http://bankimplode.com/blog/?cat=3"](More from B-I staff...)[/URL] [URL="http://reggiemiddleton.bankimplode.com/"](More from Reggie Middleton...)[/URL] [URL="http://bankimplode.com/blogs.xml"](All-blog RSS feed [IMG]http://69.55.238.45/img/feed-icon-12x12.jpg[/IMG])[/URL]
[B]Top Banking Bust News Network Pickups:[/B]
[LIST][*] [URL="http://bankimplode.com/viewnews/2008-07-12_IndyMacBancorpIsSeized.html"]IndyMac Bancorp Is Seized[/URL] [2008-07-12] [SIZE=-1][COLOR=#606060][I]- "IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-12_RoubiniRestructureFannieFreddieDebtSkipMotherofAllBailouts.html"]Roubini: Restructure Fannie, Freddie Debt, Skip "Mother of All Bailouts"[/URL] [2008-07-12] [SIZE=-1][COLOR=#606060][I]- Nouriel Roubini has consistently been accurate in predicting the course of our snowballing credit crisis, and has also made so...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-12_WhatProfits.html"] What Profits?[/URL] [2008-07-12] [SIZE=-1][COLOR=#606060][I]- "After a day like yesterday, I guess we have to take our humor where we can find it. I thought the funniest statement to come o...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_FannieandFreddieFailuretobePotpourri.html"]Fannie and Freddie: Failure-to-be Potpourri[/URL] [2008-07-11] [SIZE=-1][COLOR=#606060][I]- Here is a smattering of late headlines related to the troubles and controversy surrounding the GSEs---there are just too many to...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_LEHMANBOTHERSNEWRUMORDRAWSFRESHBLOODFROMSTREETSTALWART.html"]LEHMAN BOTHERS - NEW RUMOR DRAWS FRESH BLOOD FROM STREET STALWART[/URL] [2008-07-11] [SIZE=-1][COLOR=#606060][I]- Shares plunged as much as 23 percent in early trading, falling to their lowest level in eight years, amid rumors the giant bond ...[/I][/COLOR][/SIZE][/LIST]
[LIST][*] [URL="http://bankimplode.com/viewnews/2008-07-11_ItsofficialIndyMacinReceivership.html"]It's official: IndyMac in Receivership[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_RadioFreeWallStreet7102008.html"]Radio Free Wall Street 7/10/2008[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_IndyMacCDratessurgeasitsstockpriceplunges.html"]IndyMac CD rates surge as its stock price plunges[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_BernankeExpandsSwapORamaToIncludeFannieFreddie.html"]Bernanke Expands Swap-O-Rama To Include Fannie, Freddie[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_MortgageREITInsiderAgencymREITsCatchGSEFlu.html"]Mortgage REIT Insider: Agency mREITs Catch GSE Flu[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_FedReport.html"]Fed Report[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_PaulsonsRemarksonGSEsReelinMBSInvestorsNoPlansforBailOut.html"]Paulson’s Remarks on GSEs Reel in MBS Investors; No Plans for Bail Out[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_IndyMacunderthecontrolofFDIC.html"]IndyMac under the control of FDIC[/URL] - [SIZE=-2][2008-07-11][/SIZE][/LIST]
[URL="http://bankimplode.com/news.html"](older news)[/URL] [URL="http://bankimplode.com/rss-pickups.xml"](RSS feed for news pickups [IMG]http://69.55.238.45/img/feed-icon-12x12.jpg[/IMG])[/URL]
[B]Latest Forum posts:[/B]
[LIST][*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=162912#162912"]RE: How Much of FDIC's Insurance Fund Would Indy Use Up?[/URL] - From the press release: [url]http://www.fdic.gov/news/news/press/2008/pr08056.html[/url] "Based on preliminary analysis, the estimate... (1 hour, 55 minutes ago)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=163389#163389"]RE: It's Official - IndyMac Imploded[/URL] - It's a whole new bank seizure environment. Watch it live: [url]http://abclocal.go.com/kabc/index[/url] Senior citizens trying to get into ... (12 hours ago)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=155864#155864"]Anyone out there have money in a failed bank?[/URL] - Reaching out to forum readers to see if any of you have gone through the rigmarole of having your bank fail, and if so, what wa... (yesterday)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=151330#151330"]IndyMac Construction Loans on Housing Tracts 50+% Sour[/URL] - It really bugs me when the large size members of the financial press are a few days behind the news, but often they dredge up a... (Wed 7/09)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=141128#141128"]RE: Chance of IndyMac Bank FSB Being Put in FDIC Receivership?[/URL] - Based on all news sources from this afternoon, received through Google Alerts, it looks like FDIC is following a model used by ... (Mon 7/07)[/LIST]
[URL="http://implode-explode.com/forum/viewforum.php?f=9"]Go to the forum![/URL]
[B]Useful Bank-Implode Background Information[/B]
[B]"Honest Abe" Capitalists[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/19/richard-christopher-whalen/"]Richard Christopher Whalen[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/constance-hunter/"]Constance Hunter[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/ambrose-evans-pritchard/"]Ambrose Evans-Pritchard[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/meredith-whitney/"]Meredith Whitney[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/james-beeland-rogers/"]James Beeland Rogers[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/dr-marc-faber/"]Dr. Marc Faber[/URL][/LIST]
[B]Discount Windows[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/21/european-central-bank-discount-window/"]European Central Bank - Discount Window[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/federal-reserve-discount-window/"]Federal Reserve Discount Window[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/bank-of-england-liquidity-support-facility/"]Bank of England - Liquidity Support Facility[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/national-credit-union-administration-central-liquidity-facility/"]National Credit Union Administration - Central Liquidity Facility[/URL][/LIST]
[B]Central Banks[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/19/swiss-national-bank/"]SWISS NATIONAL BANK[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/federal-reserve-system/"]FEDERAL RESERVE SYSTEM[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/reserve-bank-of-new-zealand/"]RESERVE BANK OF NEW ZEALAND[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/bank-of-canada/"]BANK OF CANADA[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/reserve-bank-of-australia/"]RESERVE BANK OF AUSTRALIA[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/bank-of-japan/"]BANK OF JAPAN[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/european-central-bank/"]EUROPEAN CENTRAL BANK[/URL][/LIST]
[B]Solutions & Alternatives[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/19/depositors-insurance-fund/"]Depositors Insurance Fund[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/national-credit-union-administration-share-insurance-estimator/"]National Credit Union Administration - Share Insurance Estimator[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/treasurydirect/"]TreasuryDirect[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/cdars-50-million-fdic-insurance-coverage/"]CDARS 50 Million FDIC Insurance Coverage[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/fdic-insurance-calculator/"]FDIC Insurance Calculator[/URL][/LIST]
[B]Accounting - FAS 157/159[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/06/06/national-city-200m/"]National City - $200M[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/level-3-assets/"]Level 3 Assets[/URL][/LIST]
[B]Blogroll[/B]
[B]Economics & Finance:[/B]
[LIST][*][URL="http://www.itulip.com/"]iTulip[/URL][*][URL="http://wallstreetexaminer.com/blogs/winter/"]Russ Winter[/URL][*][URL="http://www.nakedcapitalism.com/"]Naked Capitalism[/URL][*][URL="http://globaleconomicanalysis.blogspot.com/"]Mish's Global Econ.[/URL][*][URL="http://themessthatgreenspanmade.blogspot.com/"]TheMessThatGreenspanMade[/URL][*][URL="http://www.rgemonitor.com/"]Roubini Global Econ.[/URL][*][URL="http://immobilienblasen.blogspot.com/"]Immobilienblasen[/URL][*][URL="http://www.oftwominds.com/blog.html"]Charles Hugh Smith[/URL][*][URL="http://bigpicture.typepad.com/"]The Big Picture[/URL][*][URL="http://market-ticker.denninger.net/"]Market Ticker[/URL][*][URL="http://reggiemiddleton.boombustblog.com/"]"Boom, Bust & Bling"[/URL][*][URL="http://paper-money.blogspot.com/"]Paper Money Blog[/URL][*][URL="http://economyincrisis.org/"]EconomyInCrisis[/URL][/LIST]
[B]Mortgage and Credit:[/B]
[LIST][*][URL="http://www.housingwire.com/"]Housing Wire[/URL][*][URL="http://blownmortgage.com/"]Blown Mortgage[/URL][*][URL="http://loanworkout.org/"]Loan Modification News[/URL][*][URL="http://iamfacingforeclosure.com/"]Foreclosure Help[/URL][*][URL="http://www.mortgagefraudblog.com/"]The Mortgage Fraud Blog[/URL][*][URL="http://lastnlc.blogspot.com/"]"Last NLC"[/URL][*][URL="http://optionarmageddon.blogspot.com/"]"OptionARMageddon"[/URL][*][URL="http://stopthesqueeze.org/"]Americans for Debt Relief[/URL][/LIST]
[SIZE=-1](l[/SIZE]
[IMG]http://bankimplode.com/img/biheader.png[/IMG] [SIZE=-1][I]Your play-by-play for the end game of modern banking.[/I][/SIZE]
[LIST][*][URL="http://implode-explode.com/forum/viewforum.php?f=9"]forum[/URL][*][EMAIL="bankfeedback@bankimplode.com"]tips[/EMAIL][*][URL="http://bankimplode.com/about.html"]about[/URL][*][URL="http://www.google.com/custom?domains=bankimplode.com&q=&sitesearch=bankimplode.com&sa=Search&client=pub-3067177868506099&forid=1&channel=7097377473&ie=ISO-8859-1&oe=ISO-8859-1&safe=active&cof=GALT%3A%23008000%3BGL%3A1%3BDIV%3A%23ffffff%3BVLC%3Abbbbbb%3BAH%3Acenter%3BBGC%3AFFFFFF%3BLBGC%3Affffff%3BALC%3A004f00%3BLC%3A004f00%3BT%3A000000%3BGFNT%3A00a400%3BGIMP%3A00a400%3BLH%3A50%3BLW%3A232%3BL%3Ahttp%3A%2F%2Fbankimplode.com%2Fimg%2Fbiheader.png%3BS%3Ahttp%3A%2F%2Fbankimplode.com%3BFORID%3A1&hl=en"]search[/URL][/LIST]
[LIST][*][I][URL="http://implode-explode.com/"]Implode![/URL][/I][*][URL="http://ml-implode.com/"]Mortgage Lender[/URL][*][URL="http://hf-implode.com/"]Hedge Fund[/URL][*][URL="http://builder-implode.com/"]Home Builder[/URL][/LIST]
[URL="http://bankimplode.com/blog/?p=111"][IMG]http://bankimplode.com/img/bear-stearns-2-logo-sm.jpg[/IMG][/URL]
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[B]"[URL="http://bankimplode.com/#disc"]Imploded*[/URL]" Banks:[/B]
[B][URL="http://http//bankimplode.com/blog/?cat=16"]General Implodes[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/07/07/indymac-bancorp-wholesaleretail-2/"]IndyMac Bancorp[/URL][*][URL="http://bankimplode.com/blog/2008/05/09/carnation-banc/"]Carnation Banc[/URL][*][URL="http://bankimplode.com/blog/2008/04/27/freemont-general-put-up-for-sale/"]Freemont General[/URL][*][URL="http://bankimplode.com/blog/2008/03/16/bear-stearns/"]Bear Stearns[/URL][*][URL="http://bankimplode.com/blog/2008/02/18/northern-rock-plc-imploded/"]Northern Rock PLC[/URL][*][URL="http://bankimplode.com/blog/2008/01/29/coast-bank/"]Coast Bank[/URL][/LIST]
[B][URL="http://www.fdic.gov/bank/individual/failed/banklist.html"]FDIC Failed Banks[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/05/31/first-integrity-bank-bites-the-dust/"]First Integrity Bank[/URL][*][URL="http://bankimplode.com/blog/2008/05/09/anb-financial/"]ANB Financial[/URL][*][URL="http://bankimplode.com/blog/2008/03/10/hume-bank-of-hume-mo/"]Hume Bank of Hume, Mo.[/URL][*][URL="http://bankimplode.com/blog/2008/01/28/douglas-national-bank/"]Douglas National Bank[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/miami-valley-bank/"]Miami Valley Bank[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/netbank/"]NetBank[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/metropolitan-savings-bank/"]Metropolitan Savings Bank[/URL][/LIST]
[B][URL="http://www.ncua.gov/indexnews.html"]Failed Credit Unions[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/05/07/st-luke-baptist-federal-credit-union/"]St. Luke Baptist Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/huron-river-credit-union/"]Huron River Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/green-tree-federal-credit-union/"]Green Tree Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/sharebuilders-federal-credit-union/"]Sharebuilders Federal Credit Union[/URL][/LIST]
[B][URL="http://www.ncua.gov/indexnews.html"]Credit Union Conservatorships[/URL][/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/21/communities-united-credit-union/"]Communities United Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/huron-river-area-credit-union/"]Huron River Area Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/obelisk-federal-credit-union/"]Obelisk Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/peoples-first-choice-federal-credit-union/"]Peoples First Choice Federal Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/cal-state-9-credit-union/"]CAL State 9 Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/norlaco-credit-union/"]Norlaco Credit Union[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/zion-united-community-credit-union/"]Zion United Community Credit Union[/URL][/LIST]
[B]Writedown Rundown & General Distress:[/B]
[SIZE=-2][B]Name - ($) writedowns / capital raised and loss provisions / level III assets[/B]
[/SIZE]
[LIST][*][URL="http://bankimplode.com/blog/2008/07/11/merrill-lynch/"]Merrill Lynch - $37.5B/*/$34.4B[/URL][*][URL="http://bankimplode.com/blog/2008/07/11/lehman-brothers/"]Lehman Brothers - $7.2B/$6B/$42[/URL][*][URL="http://bankimplode.com/blog/2008/07/10/wachovia/"]Wachovia - $6.8B/$10.5B/$30.4B[/URL][*][URL="http://bankimplode.com/blog/2008/07/08/bank-of-america/"]Bank of America - $4.4B/*/$31.4B[/URL][*][URL="http://bankimplode.com/blog/2008/07/07/citigroup/"]Citigroup - $69.1B/$36B/$22.7B[/URL][*][URL="http://bankimplode.com/blog/2008/06/30/baryclays-plc/"]Barclay’s PLC - $6.4B/$7.8B[/URL][*][URL="http://bankimplode.com/blog/2008/06/25/hbos-plc25b/"]HBOS PLC - $2.5B/$4B[/URL][*][URL="http://bankimplode.com/blog/2008/06/23/jp-morgan-chase-37b/"]JP Morgan Chase - $9.9B[/URL][*][URL="http://bankimplode.com/blog/2008/06/23/canadian-imperial-bank-of-commerce-cm-32b/"]Canadian Imperial Bank of Commerce(CIBC) - $6.7B[/URL][*][URL="http://bankimplode.com/blog/2008/06/21/wells-fargo-14b/"]Wells Fargo - $2.9B/0/$23B[/URL][*][URL="http://bankimplode.com/blog/2008/06/19/morgan-stanley/"]Morgan Stanley - $23.2B[/URL][*][URL="http://bankimplode.com/blog/2008/06/18/fifth-third-bancorp-fitb-155m/"]Fifth Third Bancorp - $155M/$2B[/URL][*][URL="http://bankimplode.com/blog/2008/06/17/goldman-sachs/"]Goldman Sachs - $6.2B[/URL][*][URL="http://bankimplode.com/blog/2008/06/06/national-city-200m/"]National City - $200M[/URL][*][URL="http://bankimplode.com/blog/2008/06/04/the-royal-bank-of-scotland-group-plc-rbs-19b/"]Royal Bank of Scotland - $3.6B/$24B[/URL][*][URL="http://bankimplode.com/blog/2008/06/04/societe-generale-sa-137-85b/"]Societe Generale SA- $13.7 /$8.5B[/URL][*][URL="http://bankimplode.com/blog/2008/06/04/bnp-paribas-sa-19b-0-cash/"]BNP Paribas SA-$2.5B/ $0 cash[/URL][*][URL="http://bankimplode.com/blog/2008/06/02/washington-mutual-16b/"]Washington Mutual - $1.6B[/URL][*][URL="http://bankimplode.com/blog/2008/06/01/ubs/"]UBS - $45.0B/$41.5B[/URL][*][URL="http://bankimplode.com/blog/2008/05/29/royal-bank-of-canada-ry-357m/"]Royal Bank of Canada - $1.4B[/URL][/LIST]
[URL="http://bankimplode.com/blog/?cat=17"]more...[/URL]
[B][URL="http://www.banks-implode.org/category/Breaking-News.aspx"]Bank Implode Blog Exclusives:[/URL][/B]
[LIST][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/risk-is-the-price-of-reward-the-only-problem-is-some-of-us-overpay/"]Risk is the price of reward, the only problem is some of us overpay![/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/the-origins-of-the-next-step-of-my-investment-thesis/"]The origins of the next step of my investment thesis[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/a-glance-at-hsbc-did-the-market-miss-this-one/"]A glance at HSBC - Did the market miss this one?[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/goldman-sachs-snapshot-risk-vs-reward-vs-reputations-on-the-street/"]Goldman Sachs Snapshot: Risk vs. Reward vs. Reputations on the Street[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/10/cds-stand-for-credit-default-suckers/"]CDS stand for Credit Default Suckers[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/02/a-black-swan-swims-across-the-pond/"]A Black Swan Swims Across the Pond[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/01/even-the-most-bearish-fail-to-see-the-risk-that-stalks-the-banking-world/"]Even the most bearish fail to see the risk that stalks the banking world[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/01/the-bis-conference-in-europe/"]The BIS Conference in Europe[/URL][*][URL="http://reggiemiddleton.bankimplode.com/2008/07/01/financial-company-execs-and-leadership-opinions/"]Financial company execs and leadership opinions[/URL][*][URL="http://bankimplode.com/blog/2008/07/11/jp-morgan-to-buy-wachovia-in-bailout-scam/"]JP Morgan to buy Wachovia in Bailout Scam[/URL][*][URL="http://bankimplode.com/blog/2008/07/07/citi-scales-down-and-screws-up/"]Citi Scales Down and Screws Up[/URL][*][URL="http://bankimplode.com/blog/2008/07/07/indymac-significant-seizure-chatter-is-this-the-end-finally/"]IndyMac: Significant Seizure Chatter - Is This the End? Finally![/URL][*][URL="http://bankimplode.com/blog/2008/07/02/finger-in-the-dike/"]Finger In The Dike[/URL][*][URL="http://bankimplode.com/blog/2008/07/01/mozzillo-broke-it-now-bank-of-america-owns-it/"]Mozilo Broke It, Now Bank of America Owns It[/URL][*][URL="http://bankimplode.com/blog/2008/07/01/about-face-on-option-arms/"]Wachovias About Face on Option ARMS[/URL][/LIST]
[URL="http://bankimplode.com/blog/?cat=3"](More from B-I staff...)[/URL] [URL="http://reggiemiddleton.bankimplode.com/"](More from Reggie Middleton...)[/URL] [URL="http://bankimplode.com/blogs.xml"](All-blog RSS feed [IMG]http://69.55.238.45/img/feed-icon-12x12.jpg[/IMG])[/URL]
[B]Top Banking Bust News Network Pickups:[/B]
[LIST][*] [URL="http://bankimplode.com/viewnews/2008-07-12_IndyMacBancorpIsSeized.html"]IndyMac Bancorp Is Seized[/URL] [2008-07-12] [SIZE=-1][COLOR=#606060][I]- "IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-12_RoubiniRestructureFannieFreddieDebtSkipMotherofAllBailouts.html"]Roubini: Restructure Fannie, Freddie Debt, Skip "Mother of All Bailouts"[/URL] [2008-07-12] [SIZE=-1][COLOR=#606060][I]- Nouriel Roubini has consistently been accurate in predicting the course of our snowballing credit crisis, and has also made so...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-12_WhatProfits.html"] What Profits?[/URL] [2008-07-12] [SIZE=-1][COLOR=#606060][I]- "After a day like yesterday, I guess we have to take our humor where we can find it. I thought the funniest statement to come o...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_FannieandFreddieFailuretobePotpourri.html"]Fannie and Freddie: Failure-to-be Potpourri[/URL] [2008-07-11] [SIZE=-1][COLOR=#606060][I]- Here is a smattering of late headlines related to the troubles and controversy surrounding the GSEs---there are just too many to...[/I][/COLOR][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_LEHMANBOTHERSNEWRUMORDRAWSFRESHBLOODFROMSTREETSTALWART.html"]LEHMAN BOTHERS - NEW RUMOR DRAWS FRESH BLOOD FROM STREET STALWART[/URL] [2008-07-11] [SIZE=-1][COLOR=#606060][I]- Shares plunged as much as 23 percent in early trading, falling to their lowest level in eight years, amid rumors the giant bond ...[/I][/COLOR][/SIZE][/LIST]
[LIST][*] [URL="http://bankimplode.com/viewnews/2008-07-11_ItsofficialIndyMacinReceivership.html"]It's official: IndyMac in Receivership[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_RadioFreeWallStreet7102008.html"]Radio Free Wall Street 7/10/2008[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_IndyMacCDratessurgeasitsstockpriceplunges.html"]IndyMac CD rates surge as its stock price plunges[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_BernankeExpandsSwapORamaToIncludeFannieFreddie.html"]Bernanke Expands Swap-O-Rama To Include Fannie, Freddie[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_MortgageREITInsiderAgencymREITsCatchGSEFlu.html"]Mortgage REIT Insider: Agency mREITs Catch GSE Flu[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_FedReport.html"]Fed Report[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_PaulsonsRemarksonGSEsReelinMBSInvestorsNoPlansforBailOut.html"]Paulson’s Remarks on GSEs Reel in MBS Investors; No Plans for Bail Out[/URL] - [SIZE=-2][2008-07-11][/SIZE][*] [URL="http://bankimplode.com/viewnews/2008-07-11_IndyMacunderthecontrolofFDIC.html"]IndyMac under the control of FDIC[/URL] - [SIZE=-2][2008-07-11][/SIZE][/LIST]
[URL="http://bankimplode.com/news.html"](older news)[/URL] [URL="http://bankimplode.com/rss-pickups.xml"](RSS feed for news pickups [IMG]http://69.55.238.45/img/feed-icon-12x12.jpg[/IMG])[/URL]
[B]Latest Forum posts:[/B]
[LIST][*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=162912#162912"]RE: How Much of FDIC's Insurance Fund Would Indy Use Up?[/URL] - From the press release: [url]http://www.fdic.gov/news/news/press/2008/pr08056.html[/url] "Based on preliminary analysis, the estimate... (1 hour, 55 minutes ago)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=163389#163389"]RE: It's Official - IndyMac Imploded[/URL] - It's a whole new bank seizure environment. Watch it live: [url]http://abclocal.go.com/kabc/index[/url] Senior citizens trying to get into ... (12 hours ago)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=155864#155864"]Anyone out there have money in a failed bank?[/URL] - Reaching out to forum readers to see if any of you have gone through the rigmarole of having your bank fail, and if so, what wa... (yesterday)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=151330#151330"]IndyMac Construction Loans on Housing Tracts 50+% Sour[/URL] - It really bugs me when the large size members of the financial press are a few days behind the news, but often they dredge up a... (Wed 7/09)[*] [URL="http://www.implode-explode.com/forum/viewtopic.php?p=141128#141128"]RE: Chance of IndyMac Bank FSB Being Put in FDIC Receivership?[/URL] - Based on all news sources from this afternoon, received through Google Alerts, it looks like FDIC is following a model used by ... (Mon 7/07)[/LIST]
[URL="http://implode-explode.com/forum/viewforum.php?f=9"]Go to the forum![/URL]
[B]Useful Bank-Implode Background Information[/B]
[B]"Honest Abe" Capitalists[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/19/richard-christopher-whalen/"]Richard Christopher Whalen[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/constance-hunter/"]Constance Hunter[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/ambrose-evans-pritchard/"]Ambrose Evans-Pritchard[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/meredith-whitney/"]Meredith Whitney[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/james-beeland-rogers/"]James Beeland Rogers[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/dr-marc-faber/"]Dr. Marc Faber[/URL][/LIST]
[B]Discount Windows[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/21/european-central-bank-discount-window/"]European Central Bank - Discount Window[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/federal-reserve-discount-window/"]Federal Reserve Discount Window[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/bank-of-england-liquidity-support-facility/"]Bank of England - Liquidity Support Facility[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/national-credit-union-administration-central-liquidity-facility/"]National Credit Union Administration - Central Liquidity Facility[/URL][/LIST]
[B]Central Banks[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/19/swiss-national-bank/"]SWISS NATIONAL BANK[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/federal-reserve-system/"]FEDERAL RESERVE SYSTEM[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/reserve-bank-of-new-zealand/"]RESERVE BANK OF NEW ZEALAND[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/bank-of-canada/"]BANK OF CANADA[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/reserve-bank-of-australia/"]RESERVE BANK OF AUSTRALIA[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/bank-of-japan/"]BANK OF JAPAN[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/european-central-bank/"]EUROPEAN CENTRAL BANK[/URL][/LIST]
[B]Solutions & Alternatives[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/01/19/depositors-insurance-fund/"]Depositors Insurance Fund[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/national-credit-union-administration-share-insurance-estimator/"]National Credit Union Administration - Share Insurance Estimator[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/treasurydirect/"]TreasuryDirect[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/cdars-50-million-fdic-insurance-coverage/"]CDARS 50 Million FDIC Insurance Coverage[/URL][*][URL="http://bankimplode.com/blog/2008/01/19/fdic-insurance-calculator/"]FDIC Insurance Calculator[/URL][/LIST]
[B]Accounting - FAS 157/159[/B]
[LIST][*][URL="http://bankimplode.com/blog/2008/06/06/national-city-200m/"]National City - $200M[/URL][*][URL="http://bankimplode.com/blog/2008/01/21/level-3-assets/"]Level 3 Assets[/URL][/LIST]
[B]Blogroll[/B]
[B]Economics & Finance:[/B]
[LIST][*][URL="http://www.itulip.com/"]iTulip[/URL][*][URL="http://wallstreetexaminer.com/blogs/winter/"]Russ Winter[/URL][*][URL="http://www.nakedcapitalism.com/"]Naked Capitalism[/URL][*][URL="http://globaleconomicanalysis.blogspot.com/"]Mish's Global Econ.[/URL][*][URL="http://themessthatgreenspanmade.blogspot.com/"]TheMessThatGreenspanMade[/URL][*][URL="http://www.rgemonitor.com/"]Roubini Global Econ.[/URL][*][URL="http://immobilienblasen.blogspot.com/"]Immobilienblasen[/URL][*][URL="http://www.oftwominds.com/blog.html"]Charles Hugh Smith[/URL][*][URL="http://bigpicture.typepad.com/"]The Big Picture[/URL][*][URL="http://market-ticker.denninger.net/"]Market Ticker[/URL][*][URL="http://reggiemiddleton.boombustblog.com/"]"Boom, Bust & Bling"[/URL][*][URL="http://paper-money.blogspot.com/"]Paper Money Blog[/URL][*][URL="http://economyincrisis.org/"]EconomyInCrisis[/URL][/LIST]
[B]Mortgage and Credit:[/B]
[LIST][*][URL="http://www.housingwire.com/"]Housing Wire[/URL][*][URL="http://blownmortgage.com/"]Blown Mortgage[/URL][*][URL="http://loanworkout.org/"]Loan Modification News[/URL][*][URL="http://iamfacingforeclosure.com/"]Foreclosure Help[/URL][*][URL="http://www.mortgagefraudblog.com/"]The Mortgage Fraud Blog[/URL][*][URL="http://lastnlc.blogspot.com/"]"Last NLC"[/URL][*][URL="http://optionarmageddon.blogspot.com/"]"OptionARMageddon"[/URL][*][URL="http://stopthesqueeze.org/"]Americans for Debt Relief[/URL][/LIST]
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