It looks like the press is starting to take notice of the bear bloggers. I think the bailouts of the millionares on Wall St. are really starting to anger the average American.
Karl Denninger was on the Glenn Beck show last week. If the press starts to run with this Wall St. will really start taking some heat!:
Interesting isn't it?
Another bank bites the dust
This was a small one but I thought it was worth noting:
"FOR IMMEDIATE RELEASE
August 22, 2008
Media Contact:David Barrdbarr@fdic.gov
cell: 703-622-4790; office: 202-898-6992
The Columbian Bank and Trust Company, Topeka, Kansas, was closed today by the Kansas Bank Commissioner J. Thomas Thull, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Citizens Bank and Trust, Chillicothe, Missouri, to assume the insured deposits of The Columbian Bank and Trust Company.The nine branches of The Columbian Bank and Trust Company will reopen on Monday as branches of Citizens Bank and Trust. Depositors of the failed bank will automatically become depositors of Citizens Bank and Trust. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage.Over the weekend, customers of The Columbian Bank and Trust Company Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.As of June 30, 2008, The Columbian Bank and Trust Company had total assets of $752 million and total deposits of $622 million"
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