12.31.2010

Doom Report: List of Mortgage Closures, Mergers and Layoffs

"The FDIC is busy preparing charges against 50 bank officers and directors of failed banks in an attempt to recover $1 billion in charges paid out by the FDIC.  The banks officers and directors have not been named.  
I hope this is only a start, since 129 US banks and credit unions have failed this year, and we will likely break 2009's record of 140 bank failures. "

----Note----
The banks stuck it to me pretty good this year - but it ain't completely over yet.

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