An alternative view of events in today's financial markets with an emphasis on Value and Contrarian Investing
Friday, September 12, 2008
Bank Death Watch
It's Friday afternoon which means it's time for the Federal Deposit Insurance Corporation (FDIC) to take over another bank. I keep refreshing the page at the FDIC site. I admit it's a little morbid, but what the heck.
I know...its disappointing when you see nothing! I don't consider it morbid, but I do think for fun they should have a "Hit List". Banks or institutions that they're watching like hawks but can't technically swoop in to grab just yet.
I know...its disappointing when you see nothing! I don't consider it morbid, but I do think for fun they should have a "Hit List". Banks or institutions that they're watching like hawks but can't technically swoop in to grab just yet.
ReplyDeleteLet us know when/if you see anything
They have a hit list but keep it secret so as not to cause panic.
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