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WRH GEAR
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Dead because of a lie. Dead because selfish people in government wanted a war and lied to get one. How can you not be angry?ADV: Precious Metals & Financial Market News: Protect Yourself By Staying Informed
THOUGHT FOR THE DAY!
"The United States does not have an automatic call on our resources. There is no mind-set that puts this country first."-- Cyrill Stewert, Chief Financial Officer of Colgate-Palmolive Corporation
Credit Crunch Cancer Metastasizing
Two prime examples: Integrity Bank of Alpharetta, Ga., which just failed Friday with nearly a billion in deposits ... plus an even larger bank in trouble: BankUnited Financial Corp.
BankUnited is Florida's largest bank with 85 branches in 13 counties and with total assets of $14.2 billion.
In the first three quarters of last year, it reaped a profit of $23.2 million. The first three quarters of 2008? $200 million in losses!
Why? Because a whopping 58% of the bank's "assets" are option ARMs.
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- " In order to save the village we had to destroy it"
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- Ruthlessly dedicated to the preservation of whatever.
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