Saturday, September 20, 2008

Only 12??? wow i thought it would 1200 by now..lol bailout must be working..lol

12th bank failure of the year announced

Ameribank Inc. was shut down on Friday by the Office of the Thrift Supervision, making it the 12th bank this year to go under.

Posted by mark @ 11:41 AM (689 views)
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2 thoughts on “Only 12??? wow i thought it would 1200 by now..lol bailout must be working..lol

  • It’s 12 failed banks on the FDIC list, which doesn’t include Bear Stearns, Lehman Brothers, Freddie Mac or Fannie Mae.

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  • The ‘Free Market’ is disappearing with every failure.

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