Thread: "Imploded" Banks: The "imploded" list co

All of these are links please go to this link if you wish to view them http://bankimplode.com/

NEW: Unofficial troubled bank list | HELOC, CRE & Const. Exposure "Imploded*" Banks: General Implodes
Bradford & Bingley

National City

Iceland’s Landsbanki Islands

Iceland’s Kaupthing Bank

Iceland’s Glitnir Bank

Royal Bank of Scotland

HBOS PLC

Lehman Brothers

IKB

Carnation Banc

Freemont General

Bear Stearns

Northern Rock PLC

Coast Bank

FDIC Failed Banks

Information for Alliance Bank, Culver City, CA

FirstBank Financial Services, McDonough, GA

Ocala National Bank, Ocala, FL

Suburban Federal Savings Bank, Crofton, MD

MagnetBank, Salt Lake City, UT

1st Centennial Bank, Redlands, California

Bank of Clark County, Vancouver, WA

National Bank of Commerce, Berkeley, IL

Sanderson State Bank, Sanderson, TX

Haven Trust Bank, Duluth, GA

First Georgia Community Bank, Jackson, GA

PFF Bank and Trust, Pomona, CA

Downey Savings & Loan Association, Newport Beach

The Community Bank, Loganville, GA

Security Pacific Bank, Los Angeles, CA

Franklin Bank, SSB, Houston, TX

Freedom Bank

Alpha Bank & Trust, Alpharetta, GA

Meridian Bank, Eldred, Illinois

Main Street Bank, Northville, MI

(FDIC page) Failed Credit Unions

West Hartford Credit Union

High Desert Federal Credit Union

N&W Poca Division Federal Credit Union

TEXDOT-WF Credit Union

Interfaith Federal Credit Union Closes

St. Luke Baptist Federal Credit Union

Huron River Credit Union

Green Tree Federal Credit Union

Sharebuilders Federal Credit Union

(NCUA page) Credit Union Conservatorships

Bank Bailout Count-$204.7 B

Valley Credit Union

Credit Suisse - $94.5 B

Communities United Credit Union

Huron River Area Credit Union

Obelisk Federal Credit Union

Peoples First Choice Federal Credit Union

CAL State 9 Credit Union

Norlaco Credit Union

Zion United Community Credit Union

(NCUA page) Writedown-Rundown & General Distress:Name - $Pain Factor [writedowns and charge-offs + capital raised + loan loss reserves growth + L2/3 growth]

Citigroup - $301B

Goldman Sachs - $98.5B

JP Morgan Chase - $20.1B

BNP Paribas - $10.4B

UBS - $225B

Commerzbank - $32.1B

Fifth Third Bancorp - $3.6B

Mizuho MFG - $5.5B

Mitsubishi Financial Group - $760M

US Bancorp - $3.0B

Merrill Lynch - >$115.4B

Wells Fargo - $138.6 B

$107.3 B

CIBC - $10.7B

Bank of Montreal - $1.2B

Deutsche Bank - $155.1B

Societe Generale - $30.1B

HSBC Bank - $27.7B

Credit Suisse - $94.5 B

SunTrust - $2.0B

more... Bank Implode Blog Exclusives:

Rep. Ackerman on Madoff Fraud

Two years recession, or ten years of hell?

Bonus Bailout Still Safe

Marcy Kaptur: The Revolving Door Between Wall Street and the White House

Rep Marcy Kaptur: Foreclosed owners should squat in their own homes

Wells Fargo Drops $2.5 Billion in Q4

Ron Paul Grills Fed Governor 1/13/09

Royal Bullsh!t

Ron Paul CNN American Morning 01-27-2009

The John and Andy Show Part Two

Ron Paul at Financial Services Hearing

Thain Pushed Over

Clouds Gather Over SunTrust

Leaning Tower of Ponzi

Third in a Row For Fifth Third

(More B-I blog posts...) Top Banking Bust News Network Pickups:

No such thing as a Treasury bond bubble [2009-02-06] - ``Coming to an equity market near you. In a world where interventionism is the order of the day, government purchases of stocks ...

Wall Street CEOs, investment bankers charged prostitutes on corporate cards, madam says [2009-02-06] - " “Some of these guys, I was invoicing on corporate credit cards,â€

I imagine they are all in trouble because they lent against assets they didn't have and are part of the Federal Reserve and our governments printing and lending of money it doesn't have.

Think about it. How can honest people with real assets compete.

As for the banks, I've heard many use fractional banking. I've heard of two explanations for the concept. One is the loaning of money you don't have. Back when we had a gold standard if you were the Federal Reserve and you held a million you could loan out a multiple of the amount , say 10 million. A bank borrowing a million from the Federal Reserve could then lend out a multiple. Say 10 million.

I think the banks have done the same thing with holding of assets such as housing. Say they hold the title against a house worth 1 million. They may be loaning out as much as 10 million on it. With the price dropping they have been caught swimming without a swimming suit, as I heard someone explain the Ponzi schemes we hear about. You can't tell if someone is swimming naked until the tide goes out. Well the tide has went out on the housing market.

It is impossible to tell just how bad a shape the banks are in until things settle. Transferring the dept onto honest, hard working Americans is a criminal act.

We can't even begin to recover until we stop the people that don't have money from creating it out of thin air. It impossible for honest people with honest capital to compete in a market with these scoundrels. If these banks and reserves find something like a Constitution inconvenient how can honest people stand up and fight back? The Federal Reserve will always be capable of out printing the honest assets in the battle.

Look at what they have done. They have gambled and lost and it is time to pay up but they have transfered the dept to us. They have also transfered capital to the banks that failed to keep their failure afloat.

Guess who will foot the bill?

This isn't new though. I think they have been out printing our every effort as a people for a long time. Every time you hear of a politician that supports something ludicrous like illegal immigration or they paying of benefits to those here illegally, think about who gains. I think for one the Federal Reserve gains on every move. Not only do they get what they want, they also have us footing the bill and paying interest on the debt. I estimate this year we are transferring to them 444,000,000,000 on the national debt alone.

Did you wonder just who snapped their fingers to get the Congress to hop too with these bailouts?