From ivory towers Bankers sneer at citizens: Our loss,… your burden. February rain. March green shoots did not flower These banks push daisies. by Soylent Green is People From the FDIC : Heartland Bank and Trust Company, Bloomington, Illinois, Assumes … Read More

Ranier Pacific Day of reckoning has come As sun sets westward by Soylent Green is People From the FDIC : Umpqua Bank, Roseburg, Oregon, Assumes All of the Deposits of Rainier Pacific Bank, Tacoma, Washington Rainier Pacific Bank, Tacoma, Washington, … Read More

Cheap Nevada thrills Bright lights! Fast Times! No Limits! Woe, The taps gone dry. by Soylent Green is People From FDIC: Heritage Bank of Nevada, Reno, Nevada, Assumes All of the Deposits of Carson River Community Bank, Carson City, Nevada … Read More

Press Release : Fannie Mae Reports Fourth-Quarter and Full-Year 2009 Results Fannie Mae reported a net loss of $15.2 billion in the fourth quarter of 2009 … For the full year of 2009 , Fannie Mae reported a net loss … Read More

La Coste in Texas Alligator shirt emblem? A penniless bank by Soylent Green is People From the FDIC: Community National Bank, Hondo, Texas, Assumes All of the Deposits of the La Coste National Bank, La Coste, Texas The La Coste … Read More

Bad debt drowns one more Marco Community fails Mutual absorbs. by Soylent Green is People From the FDIC: Mutual of Omaha Bank, Omaha, Nebraska, Assumes All of the Deposits of Marco Community Bank, Marco Island, Florida Marco Community Bank, Marco … Read More

First American February’s sweet sixteen Embraced now by Feds by Soylent Green is People From the FDIC : Community Development Bank, FSB, Ogema, Minnesota, Assumes All of the Deposits of 1st American State Bank of Minnesota, Hancock, Minnesota 1st American … Read More

Georgian Bank and Trust “Community” is spot on. Loss, absorbed by all. by Soylent Green is People From the FDIC: SCBT, N.A., Orangeburg, South Carolina, Assumes All of the Deposits of Community Bank and Trust, Cornelia, Georgia Community Bank and … Read More

Winter’s icy blast Frail green shoots die each weeks end Three more banks are hushed by Soylent Green is People From the FDIC: Community & Southern Bank, Carrollton, Georgia, Assumes All of the Deposits of First National Bank of Georgia, … Read More

This is an update to a graph I posted in early 2009 … Click on graph for larger image in new window. This graph shows the real GDP declines from the prior peak for post WWII recessions. The recent recession … Read More