News Kontent: Failing US banks

30 July 2008

Failing US banks

Failed Banks So far:

Northern Rock
Bear Stearns
IndyMac
First Integrity Bank
ANB Financial
Hume Bank
Douglas National Bank
First Heritage Bank
First National Bank of Nevada

Next to fail:

Barclays
Bradford & Bingley
HBOS
Downey Financial
Corus Bankshares
Doral Financial
FirstFed Financial
Oriental Financial
BankUnited Financial
Washington Mutual

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

No man is free who is not master of himself.

A ship should not ride on a single anchor, nor life on a single hope.

Fortify thyself with contentment: that is an impregnable stronghold.

If you desire great things, do not attempt to lay hold of them with little effort; but give up some things entirely, and postpone others for the present.

Epictetus

The first and greatest victory is to conquer yourself; to be conquered by yourself is of all things most shameful and vile.

Plato

“The great enemy of clear language is insincerity. When there is a gap between one's real and one's declared aims, one turns, as it were, instinctively to long words and exhausted idioms, like a cuttlefish squirting out ink.”

George Orwell

Any one who thinks, and is determined to let nothing stop him from thinking, is a philosopher . . .
R. G. Collingwood ~An Essay on Philosophical Method, 15.

Civilisation came through two things chiefly: the home, which developed those social dispositions that form the psychological cement of society; and agriculture..... But it was woman who gave man agriculture and the home; she domesticated man as she had domesticated the sheep and the pig. Man is woman's last domestic animal, and ....the last creature that will be civilised by woman. The task is just begun.

Will Durant

Great perils have this beauty, that they bring to light the fraternity of strangers.

Victor Hugo

What we now suffer in economics is a hardness of intellect, a meanness of spirit, a narrowness of vision and a rigidity of thinking that utterly distorts the role of what economics in our society should be. Instead of economics being our tool for societal advancement, happiness, health, and sustainability, the profession has lost its way in econometrics, neo-liberal cant and equlibrium theory. It has become little more than cheerleaders to our enslavement to a towering edifice of debt, consumption and greed and the mouthpiece of vested interests. Unless repudiated we face not only economic but soceitial and ecological collapse. KMcKern ~ News Kontent