HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: As another bank folds, ....
As another bank folds, the FDIC gets lower on money
Posted Sep 6th 2008 2:10PM by Douglas McIntyre
Filed under: Bad news, Industry, Recession
That fact that John McCain's son served on the board of the Silver State Bank until recently should not matter much to customers. The bank is gone.
According to The Wall Street Journal, "The lender, the 11th bank to fail in the U.S. this year, was overexposed to risky real-estate loans, a problem that's vexing many banks amid the worst financial crisis in a generation." Silver State had $1.7 billion in deposits the shut-down will cost the FDIC several hundred million dollars.
Full article via Google Finance
New Message
Please
login
to post a reply