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Sunday, August 02, 2009

Obama's Feds Close More Banks

More and more banks are being closed down by Barack Hussein Obama, Junior's Federal Agency. Five more banks closed. Best Syndication:

    The Federal Deposit Insurance Corp. announced on Friday the closure of five more banks all located in different states. The banks are in Texas, New Jersey, Ohio, Florida, and Oklahoma. This brings the total of banks that have failed to 69 this year.

From CNN Money:

    Friday's bank closures will cost the FDIC fund $911.7 million, bringing the total cost for failed banks to $15.13 billion this year. That compares with $17.6 billion in all of 2008.

    [...]

    The number of bank failures so far in 2009 has almost tripled last year's total of 25.



Heckuva Job, Barry! Heckuva Job!

©2009

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