TV News LIES

Sunday, Feb 14th

Last update05:20:13 AM GMT

You are here News Economy Fed regulators shut 2 banks in Georgia, Texas

Fed regulators shut 2 banks in Georgia, Texas

E-mail Print PDF

Regulators on Friday closed Haven Trust Bank in Georgia and Sanderson State Bank in Texas, bringing to 25 the number of U.S. bank failures this year.

The 25 U.S. bank failures so far this year compare with three for all of 2007 and are far more than in the previous five years combined. It's expected that many more banks won't survive the next year of economic turmoil. The pressures of tumbling home prices, rising foreclosures and tighter credit have been battering financial firms nationwide.

TVNL Comment: The privately owned Federal Reserve is taking back all their money. They are going to proceed with their plan of owning everything in this nation.

More...

 


Most Recent Related Stories...


Morgan Stanley to pay $3.2 billion to settle financial crisis-era charges

Morgan Stanley finedMorgan Stanley (MS.N) will pay about $3.2 billion to settle charges that it misled investors in...

SHELL: We'll cut 10,000 jobs

Shell to cut ten thousand jobsShell will cut 10,000 jobs in its merger with BG Group, and sell $30 billion (£21...

The World’s Favorite New Tax Haven Is the United States

US tax haven Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at...

Tax-dodging by superrich driving global inequality, Oxfam says

Oxfam: Super Rich tax dodging cauing global inequalityTax dodging by the super-rich is one of the main drivers of global income inequality and...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!