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Old 08-11-2008, 05:10 AM
 
Location: Backwoods of Maine
7,399 posts, read 9,687,581 times
Reputation: 20741

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Two credit unions have failed in our neighboring state of Connecticut - one in New London, one in Meriden. The New London failure involved a suicide (?!). At least with a bank, we find out by 6:30 pm from the FDIC. These two happened back in July, and only just coming to light now:

Hartford Business
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Old 08-11-2008, 06:40 AM
 
Location: Londonderry, NH
41,477 posts, read 56,704,742 times
Reputation: 24814
Ouch!
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Old 08-11-2008, 09:59 AM
 
Location: San Jose, CA
7,688 posts, read 27,873,534 times
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Police have obtained a photograph of the victim:

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Old 08-11-2008, 11:29 AM
 
5,217 posts, read 13,307,906 times
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Quote:
Originally Posted by sonarrat View Post
Police have obtained a photograph of the victim:

LOL!!
Great pic from a Great movie!
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Old 08-11-2008, 02:50 PM
 
Location: Backwoods of Maine
7,399 posts, read 9,687,581 times
Reputation: 20741
OK, here's some more for you! Five large US credit unions [including another one in CT] are reporting big paper losses on mortgage-related securities:

Mortgage-Market Trouble Reaches Big Credit Unions - WSJ.com
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