Guest_chris c-t_* Posted August 20, 2009 Share Posted August 20, 2009 (edited) Well, if these beauties (loan portfolios) are anything to go by, the entire system is screwed! http://www2.fdic.gov/closedsales/LoanSales.asp A few Classics from their loan sales list: [font=Arial Helvetica][size=2]8 [/size][/font] [font=Arial Helvetica][size=2]94LG021[/size][/font] [font=Arial Helvetica][size=2] Dallas Field Branch [/size][/font] [font=Arial Helvetica][size=2] 03/31/1994 [/size][/font] [font=Arial Helvetica][size=2] Bank Charge Off [/size][/font] [font=Arial Helvetica][size=2] Non-Performing [/size][/font] [font=Arial Helvetica][size=2] 459 [/size][/font] [font=Arial Helvetica][size=2] $2,630,540 [/size][/font] [font=Arial Helvetica][size=2] $97,593 [/size][/font] [font=Arial Helvetica][size=2] National Collection Services, [/size][/font] [font=Arial Helvetica][size=2] 1340 12th Ave.Longview, WA 98632 [/size][/font][font=Arial Helvetica][size=2]9 [/size][/font] [font=Arial Helvetica][size=2]93C13.1[/size][/font] [font=Arial Helvetica][size=2] Dallas Field Branch [/size][/font] [font=Arial Helvetica][size=2] 04/01/1994 [/size][/font] [font=Arial Helvetica][size=2] RE\Commercial [/size][/font] [font=Arial Helvetica][size=2] Performing [/size][/font] [font=Arial Helvetica][size=2] 1 [/size][/font] [font=Arial Helvetica][size=2] $4,562,725 [/size][/font] [font=Arial Helvetica][size=2] $3,456,244 [/size][/font] [font=Arial Helvetica][size=2] Bank Midwest [/size][/font] [font=Arial Helvetica][size=2] 1100 Main St, Suite 350Kansas City, MO 64105 [/size][/font][font=Arial Helvetica][size=2]12 [/size][/font] [font=Arial Helvetica][size=2]94CM12.1[/size][/font] [font=Arial Helvetica][size=2] Dallas Field Branch [/size][/font] [font=Arial Helvetica][size=2] 04/08/1994 [/size][/font] [font=Arial Helvetica][size=2] RE\Commercial [/size][/font] [font=Arial Helvetica][size=2] Performing [/size][/font] [font=Arial Helvetica][size=2] 2 [/size][/font] [font=Arial Helvetica][size=2] $665,566 [/size][/font] [font=Arial Helvetica][size=2] $245,421 [/size][/font] [font=Arial Helvetica][size=2] Beal Bank [/size][/font] [font=Arial Helvetica][size=2] 15770 N. Dallas Parkway, SuiteDallas, TX 78209 [/size][/font] Kinda gives you a flavour of the toxic sh*te that's floating around which the taxpayer is eating via the FDIC. Edited August 20, 2009 by chris c-t Quote Link to comment Share on other sites More sharing options...
Guest_chris c-t_* Posted August 20, 2009 Share Posted August 20, 2009 (edited) Hmm... that didn't work and now i can't edit it! here's a screen shot.. Classics: #2,#8,#9,#12. Edited August 20, 2009 by chris c-t Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted August 20, 2009 Share Posted August 20, 2009 Doesnt matter. They simply can't do it. The whole electronic money thing is a pipe dream, a non possibility. The last desperate hope of a dying enterprise. Maybe you could explain this comment and your constant need to doublethink. I disagree, and every time I test it I get the same result - turning credit into money is inflationary. http://www.housepricecrash.co.uk/forum/ind...p;#entry1674104 Quote Link to comment Share on other sites More sharing options...
Injin Posted August 20, 2009 Share Posted August 20, 2009 Maybe you could explain this comment and your constant need to doublethink.http://www.housepricecrash.co.uk/forum/ind...p;#entry1674104 Printing cash to replace bank credit is a different thing than making bank credit legal tender. Quote Link to comment Share on other sites More sharing options...
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