Bank failures in georgia (sale, mortgage, credit)

[B.BAILY]

WHY ARE MOST OF THE BANK FAILURES IN GEORGIA?


ONE MIGHT ASK THEMSELF. WHY ARE THE MAJORITY OF BANK FAILURES HAPPENING IN GEORGIA? IN THE FORMER DAY's OF COURSE. MOST OF THE MORTGAGE FRAUD WAS IN GEORGIA. OH BUT OF COURSE. I SENSE A PATTERN HERE. SO I MUSED. WELL THERE MUST BE MORE GOVERNMENT AGENTS THERE CRACKING DOWN ON THE BAD GUYS. COULD BE ALL VILLIANS IN THE UNITED STATES MIGHT POSSIBLY BE BUYING VACATION HOMES IN GEORGIA. IT MADE NO SENSE TO ME BECAUSE WHERE YOU HAVE LARGER POPULATIONS YOU HAVE MORE CRIME.........ANYWAY.

THEN I THOUGHT AT ONE TIME GEORGIA WAS RAPIDLY GROWING. HOWEVER NOT IN MANY OF THE RURAL AREAS WHERE THESE BANKS ARE CLOSING. IT STILL MAKES NO SENSE. SURELY CALIFORNIA MUST HAVE MORE BANK FAILURE's

WELL MICHIGAN CERTAINLY MUST HAVE MORE BANK FAILURE's. NO AGAIN. I GUESS THEY HAVE DIFFERENT RULES. THIS MUST COME AS A SHOCK TO THE FDIC HOWEVER.
FOR THE MORE SENSITIVE OF YOU. I CAME TO A CONCLUSION IN ALL OF THIS. YOU DO NOT HAVE TO HAVE THE FDIC CLOSE A FAILING BANK. NOTICE HOW AFTER FDIC CLOSES A BANK. BANKS ARE BUYING OR TAKING THE ASSETS OF THE FAILED BANKS, CLOSED BY THEM. CLOSED BY THE FDIC. UMMM LETS SEE. THE ASSETS!

IT IS NOT LIKE THEY WANT THE ASSETS OR PLANNED THIS. BANKS REALLY ARE FAILING.

THE FACT THAT STATES LIKE CALIFORNIA AND MICHIGAN HAVE FEW BANKS FAILURES, MAKES THAT FDIC FAILED BANK LIST. HIGHLY SUSPICIOUS TO ME. A BRIEF FED LESSON FROM HERE FOR THE UNWASHED.

SEE YOU HAVE TO UNDERSTAND THE FED. FIRST IT ISNT A DEPARTMENT OF THE FEDERAL GOVERNMENT. ITS A PRIVATLY HELD CORPORATION WITH MEMBER BANKS ALL HOLDING SHARES. ITS SOUNDS LIKE GOVERMENT. THEY MAKE IT LOOK LIKE THE GOVERMENT BUT IT IS NOT.

BASICALLY THEY PRINT AND ISSUE MONEY. IF IT WAS JUST THAT HONEST. ACTUALLY THEY CREATE NUMBERS ON A COMPUTER SCREEN.

YOUR BANK HOLDS DEPOSITS. THE FED ISSUES MONEY TO YOUR BANK BASED CUSTOMER DEPOSITS (YOUR BANK ONLY HAS TO HAVE A FRACTION OF DEPOSITS TO GET A BOATLOAD OF MONEY FROM THE FED).

THEN YOUR BANK GETS THE MONEY THE FED SENDS AND LENDS IT OUT. THEY PAY THE FED BACK WITH THE INTEREST. IF YOUR BANK FAILS. THE FED STILL GETS THEIR MONEY BACK. HOW? THE FDIC MAY SELL THE ASSETS OF THE BANK. HOWEVER THE FDIC ONLY INSURES DEPOSITS. ONE WONDERS WHY THE FDIC IS EVEN IN THIS. BECAUSE THE DEPOSITS ARE NOT FAILING.

ANYWAY. THE FED HAS TO BE PAID BACK THE MONEY THEY GAVE THE BANK. SOOO, THEY GET EITHER OR THE ASSETS OF THE FAILED BANK OR THE GOLD OR CASH FROM THE SALE OF THE FAILED ASSETS OF THE BANK. HMMM.

NOW YOU WILL NOTICE IN THE FDIC FAILED LIST. OTHER BANKS ARE BUYING THE FAILED BANKS DEPOSITS AND OR ASSETS. HMMM. NOW IT MAY COME AS A SHOCK BUT MOST AND OR MANY OF THE BANKS BUYING THE FAILED BANKS. ARE SUBSIDARYS OF THE MEMBER BANKS OF THE CORPORATION OF THE FED. MEMBER BANKS OF THE CORPORATION OF THE FED HAVE MORE SUBSIDARYS THAN YOU CAN EVEN GUESS.


SO HERES THE GAME. WHATS HAPPENING IS THE BIG BANKS ie: BANK OF ENGLAND ETC. AND THEIR SUBSIDARYS . ARE BUYING THESE BANKS BEFORE THE FDIC STEPS IN. OPPS COULD HAVE FOOLED ME. SO 70 BANKS MIGHT BE MORE LIKE OH SAY 3000 BANK FAILUIRES. FLUSH THE BAD DEBT AND WALK AWAY WITH THE ASSETS IS MORE LIKE IT. THE BANKS THAT ARE BUYING THESE CAN DO THIS. BECAUSE THEY ARE OWNED BY THE MEMBER BANKS OF THE FED.

SO JUST WHO HAS THE MAJORITY OF VOTES WITH THE PRIVATE CORPORATION KNOWN AS THE FED? - THEY FLOURISH AND PAY BACK AND ARE NOT IN TROUBLE. AFTER ALL THEY ARE BORROWING FROM THEMSELVES. IF THEY FLUSH AWAY THE BAD DEBT IT ONLY MEANS THEY ARE SUBSIDARYS OF MEMBER BANKS OF THE FED.

SEE THERE IS NO BAD DEBT BECAUSE THE FAILED BANK. NOW OWNED BY THE GUISED BANK THAT BOUGHT THEM. IS PASSED UP THROUGH THE CORPORATE MASK TO THE FED MEMBER BANKS THAT ARE OWED. WHY PAY YOURSELF? JUST FLUSH THE BAD DEBT. GET THE ASSETS AND THE DEPOSITS AND RE-CAPITALIZE THE FAILED BANK. THE LARGEST OF THIS BEING WHEN THEY GRAB A BANK BEFORE THE FDIC IS ON IT. CLOSER TO 3000 BANKS ON THAT LIST AND WELL GEORGIA'S THE WHIPPING BOY FOR ALL OF THIS DECEPTION. FLUSH THE BAD DEBT. AND USE THE THE BANKS DEPOSITS TO RE-CAPITALIZE THE FAILED BANK USE THE SAME NAME. OR DON'T USE THE SAME NAME. ALSO TAKE ALL THE ASSETS OF THE FAILED BANK. SEE IF THE FDIC OR GOVERNMENT AGENCY THAT CLOSED THE BANK GETS THE ASSETS YOU KNOW WHAT, THEY DON'T. OTHERWISE THE FED'S MEMBER BANKS WOULD NOT BE ABLE TO GET THEM.

HERES WHERE IT GETS TRICKY. THE FDIC MAY TAKE THE BAD ASSETS AND DISPOSE OF THEM. HOWEVER THE SALE OF THESE BAD ASSETS AND RETENTION IS ALWAYS USED TO PAY BACK MEMBER BANKS OF THE FED. For the money they fractionally lent the failing banks. IF ANY GOOD ASSETS ARE BOUGHT SINCE THEY ARE SUBSIDARY BANKS OF THE MEMBERS OF THE FED CORP BANKS. THESE ARE ALWAYS CREDITED BACK. AFTER ALL WHY PAY YOURSELF. THE MEMBER BANKS OF THE FED CORP. ALL HAVE SUBSIDARYS (AND GROWING), MANY MORE THAN YOU KNOW.

ASK YOURSELF IN THESE TIMES WHO WANTS TO TAKE ON MORE GOOD ASSETS. OR ASSETS ATTACHED TO A LOAN. IF YOUR AN ALL ALONE GOOD BANK. ANY ASSET HAS A REAL GREAT POTENTIAL FOR GOING BAD. WHEN ALL BANKS SEEM TO BE JUST HEAD ABOVE WATER. WHY? FOR GOOD WILL'S SAKE? CERTAINLY NOT FOR INVESTMENT. WHY WOULD ANY BANK DIG ITSELF IN DEEPER BY TAKING ON MORE ASSETS AND LOANS IN THESE BAD TIMES. JUST DOSENT MAKE SENSE. IT WOULD SUCK A GOOD BANK WITHOUT THE FED'S PRINTING PRESS, UNDER. YET ALL THE FAILED BANKS ARE BEING BOUGHT !

IN THE CASE OF BUYING THE BAD BANKS BEFORE THE FDIC CLOSES IN ON THEM. THE FED MEMBER BANKS AND FOR THE SUBSIDARY, SIMPLY JUST DISMISS THE BAD LOANS AND TAKES THE ASSETS. THAT IS WHERE THE REAL STORY IS. THE REAL NUMBER IS CLOSER TO 3000 BANKS BOUGHT OUT BEFORE THE FDIC CLOSES THEM NATIONWIDE. DO NOT FORGET ALSO THE ASSETS THEY TAKE.

IN THE CASE OF THE FED DOSENT CARE. THEY WILL FRACTIONALY SEND THE MONEY TO ALL KINDS OF BANKS. TO TRY TO DIG THEIR WAY OUT OF THIS MESS ALL DAY LONG.

THEY ABSOULTLY PULLED THE VERY SAME CRAP BEFORE AND AT THE BEGINNING OF THE GREAT DEPRESSION.

SO MUCH FOR FAILED BANKS IN GEORGIA. A STUPID RUSE OFTEN MISUSED. BY MINDLESS HORN BLOWING FEDERAL EMPLOYEES.

To be fair. It is certainly ok to absorb banks before the FDIC marks them and closes them. However do not you think this should be reported to the public? (SEE ABOVE THEY STILL PLAY THE SAME GAME) After all it is their savings and checking in those banks So much for the small people you should also be protecting ALSO.

[Britishintown]

Took you a while to find the caps lock key there.

[B.BAILY]

I JUST WANTED TO POST SOME LINKS

THIS LINK IS SHOWING HOW MANY BANK FAILURES NATIONWIDE. ONLY ONE IN MICHIGAN??????
TAKE A LOOK AT THE MAP. IT'S NEAR THE TOP. THIS JUST DOES NOT MAKE ANY SENSE

Failed Bank List of 2009 | Bank News, Bank Deals, My Bank Tracker


THIS LINK IS A BANKING LAWYERS BLOG. IT TALKS ABOUT A TOWN THAT LOST IT'S BANK. IN GA.

Bank Lawyer's Blog: Conservatorship/Receivership

Map of failed banks. Every dang one of these was bought by subsidary's of Fed corp. Member banks.

Failed Georgia Banks | Map | ajc.com