This week we had 7 bank closures, you heard that right, 7 bank closures. To make matters worse ALL 7 bank failures named the FDIC as the receiver. Here’s a list of all the banks:
Founders Bank, Worth, IL
Millennium State Bank of Texas, Dallas, TX
The First National Bank of Danville, Danville, IL
The Elizabeth State Bank, Elizabeth, IL
Rock River Bank, Oregon, IL
The First State Bank of Winchester, [ continue reading... ]
Tag Archives: Stocks
7 Banks Fail – FDIC Receiver of All of them
My views of how the US Economy Stands
With all the recent news of “green shoots” (thank you Ben Bernanke for that quoted phrase), I thought I’d give some of my thoughts and views and why I think some of the green shoots are giving some false views.
#1. Consumer Confidence has been following the stock market:
When the markets were going down and peoples 401k’s were getting depleted consumer confidence was at record [ continue reading... ]
Profiting on swine
With all the news about swine hitting the news.. one that plays the stock market wonders “who is in this field”, and how will it affect the related companies.
It may sound sad to profit from a misfortune, but the company I work for, profited big when Mad Cow disease ran rampant, and opportunities for companies on outbreaks like this is amazing.
Here are 3 companies that [ continue reading... ]
Major PS3 Outage - Sony Playstation 3 PSN Network Down
openSUSE Weekly News, Issue 112 is out!
Loading ...
