[Frantzie]

Hedge funds need to go the front of the line if the gallows are set up.

[staytrue]

The day Colonial was shut down, so were these small banks

Community of Nevada had deposits of 1,380 million and will cost the FDIC 781.5 million or a loss of over 50%.

Union Bank had deposits of $112 million and will cost the FDIC $61 million for a loss of about 50%.

Dwelling House had $13.8 million in deposits and will cost the FDIC 6.8 million for a loss of over 50%

Does anyone else think this is outrageously bad with probably fraud.

link
http://www.freerepublic.com/focus/f-news/2317309/posts

[panzer_grey]

If they bother to look very hard into Colonial’s business practices, they will find some of the shadiest deals in recnet U.S. banking history.