Tag Archives: bankruptcy

US Bank System Collapsing in Slow Motion

By mitchell b powell | Published: 1312, 21st May, 2010
That’s the gist of the FDIC’s latest “problem list report,” as described in the Wall Street Journal.  The number of “problem banks” on the FDIC’s list has reached a new high of 775 banks in danger of bankruptcy.  To put that number in context that’s fully one-tenth of the banks in the United States.  This [...]
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on the fed and full disclosure

By mitchell b powell | Published: 1436, 14th April, 2010
The Federal government at its current pace is spending $3549 billion dollars per year–about $25,700 per taxpayer.  The people who are having such great amounts of money taken from them occasionally get the pesky urge to know what that money is being spent on. Related Posts:US Bank System Collapsing in Slow MotionJim Quinn on the [...]
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