[1COUNTER-MORTER-68]

http://rds.yahoo.com/_ylt=A0geusbDG7lKGAcBAaNXNyoA;_ylu=X3oDMTE0bHFmaW52BHNlYwNzcgRwb3MDMQRjb2xvA2FjMgR2dGlkA01BUDAwNF84Ng—/SIG=12cqisj2h/EXP=1253731651/**http%3a//www.fdic.gov/bank/individual/failed/banklist.html

This is the Failed Bank List,,,

If you look around on that site you mite find more info...

[Dubya-M-DeesWent2SyriaStupid!]

Thanks. I noticed customers were given no warning before a bank closed.

I picked a random bank that closed to read up on it to better grasp how this works.

http://www.fdic.gov/news/news/press/2009/pr09095.html

In this case: Did the FDIC back this bank or did the bank that acquired it? or both? Did the FDIC back the monies and the First Bank just gave it a home, or the other way around?

[Dubya-M-DeesWent2SyriaStupid!]

There is another list somewhere of banks pending closing.
Anyone have that link?

[Dubya-M-DeesWent2SyriaStupid!]

Re: post # 71 I see now that FDIC did not back the bank. Another bank bought the failed bank -accept for brokers monies- and ate losses.