TV News LIES

Friday, May 22nd

Last update06:15:25 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...


Sharp announces $1.86 billion loss, plans thousands of job cuts

Sharp electronicsJapanese electronics giant Sharp on Thursday said it was cutting thousands of jobs in a fresh...

I am a cook in the US Senate but I still need food stamps to feed my children

Bertrand OlotaraBertrand Olotara has two college degrees, works two jobs and is on public assistance.The 44-year-old divorced...

12 percent jump in homelessness in LA County

LA homelessThe number of homeless people in Los Angeles County jumped 12 percent in the past two...

Deutsche Bank to plead guilty to wire fraud, pay $2.5B in fines

Deutsche BankDeutsche Bank will pay U.S. and British authorities $2.5 billion and its London subsidiary will plead...
 
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!