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SMALL BUSINESS
Regulators Shut 53rd Bank in 2009
AP
NEW YORK -Regulators have shuttered Bank of Wyoming, marking the 53rd failure this year of a federally insured bank.
The Federal Deposit Insurance Corp. on Friday was appointed receiver of the failed bank, based in Thermopolis, Wyo. It had $70 million in assets and $67 million in deposits as of June 30.
The FDIC says Central Bank & Trust of Lander, Wyo., will assume all deposits and purchase about $55 million in assets. The FDIC will retain the remaining assets to sell at a later date.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-07-10 19:29:40
COMMENTS ( 14 )
The righteous considereth the cause of the poor: but the wicked regardeth not to know it.
Proverbs 29:7
The LORD vs. the BULL part l
Bankers = Beast Worshiping, Money Changers.
Lord = ME
By the SWORD of MY MOUTH IN...
'07```` 27 Piggy Bankers broken
'08```` 25 Piggy Bankers broken
'09```+53 Piggy Bankers broken & counting Scores more to follow.
Total 105 Kingly Crowns claimed by lil o SchitzoFrantic ME! BRING IT ON!!! My Thirst for Christ's Righteousness is insatiable!!
Revelation 19:12 His eyes are like blazing fire, and on his head are many crowns. He has a name written on him that no one knows but he himself.
here that name is:
"Lam arche o:-p Michael" of the GoSpel
Jesuis Michael Lamarche (Je suis French for I am)
KING of Kings and LORD of Lords
THURSDAY APRIL 30, 2009 05:35 EDT
Top Senate Democrat: bankers...... "own"....... the U.S. Congress.
Sen. Dick Durbin, on a local Chicago radio station this week, blurted
out an obvious truth about Congress that, despite being blindingly
obvious, is rarely spoken:
"And the banks -- hard to believe in a time when we're facing a
banking crisis that many of the banks created -- are still the most
powerful lobby on Capitol Hill. And they frankly own the place."
The blunt acknowledgment that the same banks that caused the
financial crisis "own" the U.S. Congress -- according to one of that
institution's most powerful members -- demonstrates just how extreme
this institutional corruption is.
The ownership of the federal government by banks and other large
corporations is effectuated in literally countless ways, none more
effective than the endless and increasingly sleazy overlap between
government and corporate officials.
Here is just one random item this week announcing a couple of
standard personnel moves:
Former Barney Frank staffer now top Goldman Sachs lobbyist
Goldman Sachs' new top lobbyist was recently the top staffer to Rep.
Barney Frank, D-Mass., on the House Financial Services Committee
chaired by Frank. Michael Paese, a registered lobbyist for the
Securities Industries and Financial Markets Association since he left
Frank's committee in September, will join Goldman as director of
government affairs, a role held last year by former Tom Daschle
intimate, Mark Patterson, now the chief of staff at the Treasury
Department. This is not Paese's first swing through the Wall
Street-Congress revolving door: he previously worked at JP Morgan and
Mercantile Bankshares, and in between served as senior minority
counsel at the Financial Services Committee.
So: Paese went from Chairman Frank's office to be the top lobbyist at
Goldman, and shortly before that, Goldman dispatched Paese's
predecessor, close Tom Daschle associate Mark Patterson, to be Chief
of Staff to Treasury Secretary Tim Geithner, himself a protege of
former Goldman CEO Robert Rubin and a virtually wholly owned
subsidiary of the banking industry. That's all part of what Desmond
Lachman -- American Enterprise Institute fellow, former chief
emerging market strategist at Salomon Smith Barney and top IMF
official (no socialist he) -- recently described as "Goldman Sachs's
seeming lock on high-level U.S. Treasury jobs."
I am in Essence ALPHA & Indeed Owe MEGA. "I am" THE WORD OF GOD. I am the SON of Ma'N' ('N'oel). I am the Light of the WORLD. A myth to a few but to many many more "I AM that I AM". I am the embodiment of LOVE. There is no need to compete in the futility & filth of Prideful Capitalism.
The FATHER above employs me as a "Mess'ah'ya" This FINANCIAL MESS~AGE is brought to you by the MIGHT & ESOTERIC MAGIK of FairAries. Some children still believe in FairAries! I am mentioned in Revelation 19:11-21 All that I have said above is true and all that I WILL comes TRUE! I AM AWAKE!!
--LAM ARCHE o:-) MICHAEL of the GoSpel
Jesuis Michael Lamarche the likeness of God...As a SON is to his Father
BULL Fighter & DRAGON Slayer Extraordinarie