Saturday, August 30, 2008

Georgia Bank fails with $1.1 billion in assets

Georgia Bank fails with $1.1 billion in assets

Yet another US bank foreclosure. Just wait for Friday nights and we're destined to see one.

Posted by edwardnh @ 01:32 AM (518 views)
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One thought on “Georgia Bank fails with $1.1 billion in assets

  • Good Post edwardnh.

    “Another Friday afternoon massacre claims another failed US bank. This time the bank was in Georgia. Integrity Bank of Alpharetta, GA had $1.1 billion in assets. As is FDIC custom, the announcement wasn’t made until after markets had closed on Friday.”

    And not the blindest bit of notice was taken. Just another bank. Hey! This is now normal,what’s the big deal? Till it happens to YOU.

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