Biggest bank failures in the last 75 years of America:
Washington Mutual, Seattle (2008)
Total assets: $307 billion
Indy Mac,Pasadena (2008)
Total assets: $67 billion
Goldome, Buffalo (1991)
Total assets: $9.9 billion
Southeast Bank, Miami (1991)
Total assets: $11.0 billion
Homefed Bank, San Diego (1992)
Total assets: $12.2 billion
First City Bancorporation, Houston (1988)
Total assets: $13.0 billion
Gibraltar Savings, Simi Valley, Calif. (1989)
Total assets: $15.1 billion
MCorp, Dallas [...]
I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a ‘We Deserve It Dividend’.
To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab [...]
Lehman Brothers is NO MORE.
Merrill Lynch has gone down the Bank of America maw. AIG too could go belly up. With a doubt, these developments in America are the most shocking events to have hit global financial markets. So where did it all begin? And what does it mean for the Indian stock markets? Find [...]
Got a freakin’ call center in Pakistan . I told them I was suicidal. They got all excited and asked if I could drive a truck.
Hats off to Richard Fuld. If you don’t know him, he’s the CEO of Lehman Brothers who turned the company into dust. Once the company was trading in hundreds and today in pennies!
In the last 15 years he has gotten around 500 million dollars as compensation, award, etc etc from Lehman Brothers, for his outstanding [...]
According to legend, it brings doom and disaster to anyone who sees a rare black fox, but an amateur photographer could hardly believe his luck when he spotted it. Kevin Hehir, from Preston, saw it in a Lancashire cemetery.
In Gaelic tradition, black foxes are bringers of bad luck. And rural communities used to tell of [...]
Global financial markets are crashing, AIG and JP Morgan tremors are yet to subside, crisis continues - Freddie Mac says Lehman owed it over $1.2 billion, Citigroup is considering bid for WaMu, HSBC walks away from $6.3 billion South Korea bank buy, Lloyds rescues HBOS in $22 billion deal. Morgan Stanley, others may [...]
Now the latest: hackers break into the personal email accounts of Sarah Palin. It’s really a shocking news and an illegal invasion in the privacy of a celebrity woman, an administrator, a governor.
Leave her alone. Why is everybody after her in a negative fashion? Ask her some relevant questions about what she is going to [...]
The 19-year-old’s preparation for his role in one of the world’s strictest Muslim states has certainly been unconventional.
Orthodox Muslims will be surprised to see the new leader of the Pakistani People’s Party, Bilawal Bhutto Zardari, with his arms slung casually around two girls, one of whom declares herself as “bisexual” on Facebook.
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1 “De-stressed drinkers” use alcohol to regain control of life and calm down.
2 “Conformist drinkers” are driven by the need to belong and seek a structure to their lives.
3″Boredom drinkers” consume alcohol to pass the time, seeking stimulation to relieve the monotony of life.
4 “Depressed drinkers” may be of any age, gender or socioeconomic group.
5 [...]
They consider McCain great debator. In fact, he’s declared as one where he has unquestionable edge over Obama; that he doesn’t prepare for hours to put together a speech and deliver to impress the audience. So, taken again, he is spontaneous, lucid and comprehensive in what he says, without preparation ?
They say, he is not good [...]