Posts under ‘Bank Failure’

Spain joins the recession crowd in Europe. Chicago PMI and Dallas Fed both fall more than expectations. 5 banks failed Friday the year to date total is 22.

Q 4 earnings are coming in weak. Freddie Mac bites the hand that feeds it. MF Global clients get the shaft. The regulators do nothing, Jon Corzine is free?

At 21, the NAHB Home Builders Index increases for a 3rd month. The FDIC closes 2 more banks as the YTD Total hits 92 considerably less than the 158 seen in 2010

Ex CEO of MF Global tells Congress that he has no idea where missing client money is, where are the handcuffs? ECB follows our lead to fix its banking crisis.

Existing homes sales gain 1.4% in October, prices fall 4.7%. MF Global BK Trustee says could be 1.2 billion plus in missing client funds, lie cheat and steal.

The Greeks spook the markets again, Manufacturing and construction increase, deflation makes an appearance. MF Global loses 700 odd million in client funds.

Unlimited LTV and no appraisal refis to save real estate compliments of the FHFA. CFNAI improves to -.22 in August indicating sub par economic growth.

Another big leg down for real estate? The banksters address lawful requests to close accounts with arrest and threats of arrest. What are they thinking?

Economic data disappoints to begin the week but stocks move higher. MERS gets sued at the county level in TX alleging evasion of county recording fees.

Euro jitters sppoked the markets early. Bank deposits hit a new record near 10 trillion as the public looses faith in real estate and the finacial markets.