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Regulators Seize Bank in Washington State [FDIC Friday]
The Wall Street Journal ^
| 2009-05-09
| David Enrich
Posted on 05/08/2009 10:23:47 PM PDT by rabscuttle385
Regulators seized a Bremerton, Wash., bank late Friday as the financial crisis claimed its 33rd federally insured financial institution of 2009.
The Federal Deposit Insurance Corp. estimated that the failure of Westsound Bank would cost its deposit-insurance fund $108 million. Westsound is the second Washington bank to be closed by regulators so far this year.
Westsound had total assets of $334.6 million and total deposits of $304.5 million as of March 31.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Business/Economy; US: Washington
KEYWORDS: bankfailure; fdic; fdicfriday; financialcrisis; govwatch; obamasfault; panicof2009
To: sionnsar; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ..
*Ping!*
2
posted on
05/08/2009 10:24:15 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: rabscuttle385
I’d like to wish everyone another Happy Bank Friday!
3
posted on
05/08/2009 10:35:23 PM PDT
by
April Lexington
(Study the constitution so you know what they are taking away!)
To: rabscuttle385
4
posted on
05/08/2009 10:46:46 PM PDT
by
djf
(Too many churches, and not enough truth...)
To: rabscuttle385
5
posted on
05/08/2009 11:05:30 PM PDT
by
4woodenboats
(Obama Voodoo economics - Thuggery, sleight of hand, temper tantrums & sacrificing OUR dreams.)
To: rabscuttle385
Yippie...another bank to our collection. It’s getting like Monopoly. We’ll soon own Park Avenue.
6
posted on
05/08/2009 11:42:56 PM PDT
by
chase19
To: rabscuttle385
With all these bank assets available to the DemonRATs, there will be no campaign they can’t finance and no candidate who won’t win. And they won’t have to worry about paying back Soros.
7
posted on
05/09/2009 2:26:14 AM PDT
by
jonrick46
(The Obama Administration is a blueprint for Fabian Socialism.)
To: Libertina; sportutegrl; kayti; narses; Avid Coug; RedinaBlue; trustandhope; SoldierMedic; ...
Thanks to
rabscuttle385 for the ping.
Say WA? Evergreen State ping
Quick link: WA State Board
FReepmail sionnsar if you want on or off this ping list.
Ping sionnsar if you see a Washington state related thread.
8
posted on
05/09/2009 9:27:45 AM PDT
by
sionnsar
((Iran Azadi | 5yst3m 0wn3d - it's N0t Y0ur5 (SONY) | "Also sprach Telethustra" - NonValueAdded)
To: rabscuttle385
To: rabscuttle385
10
posted on
05/09/2009 1:33:17 PM PDT
by
GOPJ
(Pinch Sulzberger,it so predictably turns out,is only a liberal with other people's money.Howie Carr)
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