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 Message Boards » » ***PERPETUAL BANK FAILURE THREAD*** Page [1] 2, Next  
VAGINA
Veteran
107 Posts
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http://www.fdic.gov/bank/individual/failed/banklist.html

wHo'S NeXt?!?!?!?!?!!

9/25/2008 10:40:33 PM

zorthage
1+1=5
17149 Posts
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NCSECU!

9/25/2008 10:42:08 PM

dweedle
All American
77387 Posts
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GIVE US US E.S.A.

9/25/2008 10:42:54 PM

EuroTitToss
All American
4791 Posts
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FAIL

9/25/2008 10:43:34 PM

Str8BacardiL
************
41759 Posts
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Quote :
"EPIC

BANK

FAIL"

9/25/2008 10:44:16 PM

absolutapril
All American
8144 Posts
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^^^hope my monies are ok.
Maybe the billion they spent on the sign for the "RBC Center" could be helpful right about now

9/25/2008 10:46:10 PM

dweedle
All American
77387 Posts
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really though, what do they name arenas that are named for banks

do they keep their names, or would the rbc center become something like US Government Arena

9/25/2008 10:46:40 PM

Aficionado
Suspended
22518 Posts
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actually the FDIC is the receiver for the failed banks

so it would be the FDIC center

9/25/2008 10:47:25 PM

dweedle
All American
77387 Posts
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Tonight...at the 'DIC dome

9/25/2008 10:47:51 PM

ncsuapex
SpaceForRent
37776 Posts
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F-DIC center

9/25/2008 10:48:36 PM

Str8BacardiL
************
41759 Posts
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George W. Bush
Entertainment & Sports Arena

9/25/2008 10:48:43 PM

Mindstorm
All American
15858 Posts
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I imagine that until whatever contract ran out (or until payment stopped if it's a monthly thing), it'd still be the RBC center. After that they'd sell the name to somebody else.

9/25/2008 10:49:32 PM

dweedle
All American
77387 Posts
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i wish the IGA store in wilson was rich enough

that store was called the "Red and White" lol

9/25/2008 10:50:39 PM

evan
All American
27701 Posts
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Quote :
"Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT"


zomg
*looks at his wamu checkbook sitting beside his ncsecu checkbook*

9/26/2008 12:48:38 AM

wethebest
Suspended
1080 Posts
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wachovia will be the last man standing

9/26/2008 12:51:08 AM

wolfpackgrrr
All American
39759 Posts
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^^^^ Yeah, I'm pretty sure that's what happened with Walnut Creek.

Quote :
"would the rbc center become something like US Government Arena"




[Edited on September 26, 2008 at 12:52 AM. Reason : ^]

9/26/2008 12:52:18 AM

wwwebsurfer
All American
10217 Posts
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IIRC big arenas sell off names in blocks to the highest bidder.

For instance you might sell off the name for the next 10 years to the highest bidder. Doesn't matter what happens then, you've purchased and paid for the name for 10 years.

9/26/2008 12:54:22 AM

Jabbo
All American
1285 Posts
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http://www.youtube.com/watch?v=R1X6RQLZtoA&eurl=http://www.hollywood-elsewhere.com/

9/26/2008 12:56:14 AM

joe_schmoe
All American
18758 Posts
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My bank was just siezed by the Feds, broken up, and sold today.



http://seattlepi.nwsource.com/business/380607_wamu26.html

9/26/2008 1:50:00 AM

Gamecat
All American
17913 Posts
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hail your new monetary overlords

9/26/2008 1:53:05 AM

Str8BacardiL
************
41759 Posts
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I keep hearing Wachovia is next.

9/26/2008 4:47:21 PM

Str8BacardiL
************
41759 Posts
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9/26/2008 4:50:16 PM

quagmire02
All American
44225 Posts
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i have accounts at NC SECU, wachovia, BoA, and ING

i'm not especially worried about any of them, but the least is held in wachovia, so meh

9/26/2008 4:53:11 PM

Str8BacardiL
************
41759 Posts
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What sunk WaMu was just the scare and ensuing "run on the bank".

Quote :
"Just as with IndyMac Bank, the fate of Washington Mutual was sealed by a run on deposits as customers lost faith in the bank, federal regulators said Thursday in seizing the nation’s biggest thrift.

WaMu had continued to assert in recent weeks that it had adequate capital to keep going, despite heavy losses this year on defaulted mortgages.

But the Office of Thrift Supervision said "significant deposit outflows" began on Sept. 15. "During the next eight business days, WaMu deposit outflows totaled $16.7 billion," the OTS said in a statement.

WaMu had total deposits of $188 billion as of June 30.

"With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business," the OTS said.

Kar Chin of East Los Angeles said Thursday that he withdrew $20,000 from a WaMu branch in City of Industry late last week even though he knew the money was within federal insurance limits.

He said friends had advised him to take out his money because of the possibility that he might lose access to it temporarily, so he opened an account at Wells Fargo & Co. instead.

Chin said he stood in line for more than a half hour, mostly because of other people making withdrawals, and then heard the teller talking to a supervisor about customers losing faith in WaMu.

Richard Dunne, 56, a 15-year WaMu customer, said Thursday he had withdrawn nearly his entire business account from the Laguna Hills branch the week before on the advice of financial advisors, even though his account did not exceed federal insurance limits.

"Any interruption would cause real problems in my life," said Dunne, who sells women’s accessories.

Maureen, a Laguna Niguel resident who declined to give her last name, said Thursday she withdrew her savings from a WaMu branch in Greenbrae because of a customer there who told her the bank would be taken over.

"I didn’t want to be caught in a time lag," she said, citing a friend whose funds were stuck during the federal takeover of IndyMac in July."

9/26/2008 5:01:17 PM

Str8BacardiL
************
41759 Posts
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Quote :
"EPIC

BANK

FAILURE"

9/26/2008 8:12:28 PM

aimorris
All American
15213 Posts
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usaa ftw

9/26/2008 8:36:34 PM

aaronian
All American
3299 Posts
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usaa aint shit

9/26/2008 8:39:31 PM

aimorris
All American
15213 Posts
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false

9/26/2008 8:40:10 PM

joe_schmoe
All American
18758 Posts
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i logged on my bank's website today http://www.wamu.com

its now j.p. morgan chase

cool.

i guess.

whatever. my money's still there.



[Edited on September 27, 2008 at 2:43 AM. Reason : ]

9/27/2008 2:40:00 AM

tsavla
All American
6787 Posts
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9/27/2008 6:14:52 PM

Str8BacardiL
************
41759 Posts
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WACHOVIA DEATH WATCH

9/27/2008 9:39:36 PM

Kiwi
All American
38546 Posts
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I will clap for joy when wachovia burns. No other bank in history gave me so much grief as that wretched place!

9/27/2008 9:41:51 PM

SaabTurbo
All American
25459 Posts
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IF ONLY BB&T COULD GO DOWN IN FLAMES.

9/27/2008 9:44:04 PM

AxlBonBach
All American
45554 Posts
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yes, usaa, pentagon federal credit union, and my smalltown local 5 branch bank ftw.

9/27/2008 9:58:19 PM

Seotaji
All American
34244 Posts
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i'll be surprised if wachovia fails. i'm also too lazy to move any money. we'll see what happens.

9/27/2008 10:12:27 PM

NC86
All American
9134 Posts
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Quote :
"I will clap for joy when wachovia burns. No other bank in history gave me so much grief as that wretched place!"


arent you also the dumb bitch who maxed out her credit cards and was financially irresponsible ? ....... and yet you have the nerve to blame a company for your failures

9/27/2008 10:14:13 PM

joe_schmoe
All American
18758 Posts
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does getting bought by CitiGroup count as "burning"?

9/30/2008 1:54:02 AM

Str8BacardiL
************
41759 Posts
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CITICHOVIA

9/30/2008 11:28:08 AM

Snewf
All American
63846 Posts
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Walk-All-Over-Ya is definitely a for-profit bank

they'll ruthlessly penalize you if you fuck up

but you've gotta fuck up first - at least know the rules before you play, huh?

9/30/2008 11:56:29 AM

IMStoned420
All American
15485 Posts
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^^^^ Normally I think NC86 goes too far in his trollings, but that's just funny.

[Edited on September 30, 2008 at 11:59 AM. Reason : ^]

9/30/2008 11:58:53 AM

Str8BacardiL
************
41759 Posts
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TWO MORE DOWN

10/11/2008 4:14:52 PM

Str8BacardiL
************
41759 Posts
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http://money.cnn.com/2008/11/07/news/companies/bank_failure/index.htm?postversion=2008110721

11/8/2008 11:51:01 AM

Str8BacardiL
************
41759 Posts
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Quote :
"epiv

bsnk

gfail"

11/8/2008 2:38:28 PM

Str8BacardiL
************
41759 Posts
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I have a question. I will preface my question by saying I do not know anything about how the banking industry operates.


Now for my question.

HOW IN THE FLYING FUCK WAS CITI GOING TO SAVE/BUYOUT/MERGE WITH WACHOVIA JUST WEEKS AGO, NOW IT IS SUPPOSEDLY ON THE BRINK OF FAILURE?!?!?!?!?!?!!?

11/22/2008 12:33:33 AM

Str8BacardiL
************
41759 Posts
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bttt

11/22/2008 12:23:36 PM

chembob
Yankee Cowboy
27012 Posts
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because they're pieces of shit.

11/22/2008 12:24:33 PM

Str8BacardiL
************
41759 Posts
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MY HYPOTHESIS WAS RIGHT!

11/22/2008 12:25:06 PM

nattrngnabob
Suspended
1038 Posts
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^^^^ I don't know the details, but I suspect they really had no clue just how much exposure they have to toxic debt.

11/22/2008 12:45:08 PM

PrufrockNCSU
All American
24415 Posts
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Downey Savings & Loan and PFF Bank & Trust of California and The Community Bank of GA went under yesterday.

11/22/2008 3:13:32 PM

Str8BacardiL
************
41759 Posts
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set em up for more fail

11/22/2008 7:34:29 PM

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