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U.S. Bank Failures Almost Certain to Increase in Next Year


Business  (tags: economy, debt, banking industry, bailout )

Cal
- 2185 days ago - cnn.com
Here's a safe bet for uncertain times: A lot of banks won't survive the next year of upheaval despite the U.S. government's $700 billion rescue plan to restore order to the financial industry



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Comments

Hans L. (958)
Monday October 6, 2008, 4:05 am
This is a selffullfilling prophacy! But the crisis realy looks bad, and right now countries guarantee what they cannot guarantee how does Germany want to guarantee for all the savings????? In Holland there is a limit of 38.000 Euro....

Where will all the money come from....will the rainforest disapear in 2009? Because of the inflation?
 

RC deWinter (418)
Monday October 6, 2008, 4:17 am
What cheery but not surprising news, Cal! Did we actually think the boondoggle bailout was going to rescue anyone but the already rich?
 

Marion Y. (322)
Monday October 6, 2008, 9:40 am
This was a PLANNED COLLAPSE just like 911, the Depression of 1929 and most wars. All the bailout did was slow the collapse so Nero (GWB), Paulson, Congress and the other thieves could catch their breath for the next swindle.

There will be another bailout before January 2009...
 

Pete Conrads (91)
Monday October 6, 2008, 8:34 pm
ROFLMAO!!!!! thanks Cal
 

Locan Sleeping-Squirrel (209)
Monday October 6, 2008, 8:43 pm
It's 11:40. Do you know where your money is?
 

Darlene K. (367)
Wednesday October 8, 2008, 1:23 pm
Noted and thank you Cal. Butros.., sure do.., in a safe place (not a bank) and soon to be in precious metals, before that isn't 'allowed' for our attainment.
 
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