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A free floating commentary on culture, politics, economics, and religion based on a passionate commitment to the truth and a desire graciously to refute that which is contrary to it….
"He must hold firm to the sure word as taught, so that he may be able to give instruction in sound doctrine and also to confute those who contradict it."
--Titus 1:9, Revised Standard Version
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The 21st Bank Failure this year
Take a look.
Filed under: * Economics, Politics • Economy • The Banking System/Sector • The Credit Freeze Crisis of Fall 2008/The Recession of 2007--
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2. azusa wrote:
Sorry, OT here, but now being reported in England that Michale Nazirali, Bishop of Rochester, is stepping down. As he’s just 59, what does he have in mind? He was the only C of E diocesan bishop to go to Gafcon & he boycotted Lambeth. March 28, 7:54 am | [comment link] |
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3. Marie Blocher wrote:
If the assets were more than the deposits why were they shut down? Or were many of those assets foreclosed properties and thus not liquid enough to handle day to day withdrawals? March 28, 9:29 am | [comment link] |
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What you are not seeing is insurance company failures. The are regulated by the states and are not reported. But they are being liquidated.
March 27, 11:19 pm | [comment link]