Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $67,067
82%  
Woo hoo!! And we're now over 82%!! Thank you all very much!! God bless.

Keyword: fdicfriday

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  • Wachovia reportedly in talks with three suitors

    09/27/2008 6:17:43 PM PDT · by RKBA Democrat · 19 replies · 715+ views
    MarketWatch ^ | 9-27-08 | Shawn Langlois
    Wachovia Corp. is reportedly in preliminary talks with suitors including Banco Santander SA, Wells Fargo & Co. and Citigroup Inc., and the bank's shares slid lower in late trading on concerns it may take another big mortgage-related write-down. A sale to either Banco Santander, Wells Fargo, or Citigroup would make Wachovia the latest victim of the ongoing credit crisis, as the bank has succumbed to the triple threat of falling real estate prices, overaggressive lending and panic in the credit markets.
  • Ameribank folds, 12th bank closure this year

    09/19/2008 5:40:07 PM PDT · by RKBA Democrat · 4 replies · 117+ views
    MarketWatch ^ | 9-19-08 | John Letzing
    The Federal Deposit Insurance Corporation said in a statement late in the day that deposits at Ameribank's Ohio branches have been transferred to the Citizens Savings Bank, and Ameribank's three Ohio branches will reopen Saturday as Citizens Savings Bank branches.