Biggest Bank failure in U.S. to date in 2009. Getting better? Not!

You have not only been warned by me for quite some time, but by hundreds of other information net and blog sites. But the majority of those sights did not want to say it was the JEWS who stole the money. They used other names, like ... 'world bankers', international money changers, and other names. I put the name to the rut of the problem, and that name is JEWS. Below you will read about the latest U.S. bank failure...and the biggest of 2009 to date. Getting better? Not!! Do not believe the Communist Marxist Obama, do not believe one word from his commie mouth.

Dr. James P. Wickstrom, D. Litt.

Biggest U.S. Bank Failure of 2009


Colonial BancGroup, 4 Other Banks Shut
Regulators shut Colonial BancGroup, 4 other banks; 77 US bank failures this year

Regulators on Friday shut down real estate lender Colonial BancGroup Inc. in the biggest U.S. bank failure this year and also closed four banks in Arizona, Nevada and Pennsylvania.

The closures boosted to 77 the number of federally insured banks that have failed in 2009.


The Federal Deposit Insurance Corp. was appointed receiver of the banks: Montgomery, Ala.-based Colonial, with about $25 billion in assets; Community Bank of Arizona, based in Phoenix; Union Bank, based in Gilbert, Ariz.; Community Bank of Nevada, based in Las Vegas; and Dwelling House Savings and Loan Association, located in Pittsburgh.


The FDIC approved the sale of Colonial's $20 billion in deposits and about $22 billion of its assets to BB&T Corp., which is based in Winston-Salem, N.C. The failed bank's 346 branches in Alabama, Florida, Georgia, Nevada and Texas will reopen at the normal times starting on Saturday as offices of BB&T, the FDIC said. CONTINUE

 
 
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