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Posted by Robert11 on July 16, 2008, 1:44 pm
Hello,
Loked in Google, but without any luck.
Anyone know a link to someplace listing the "Troubled Bank List" of the FDIC
?
Thanks,
B.
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Posted by PeterL on July 16, 2008, 2:30 pm
> Hello,
>
> Loked in Google, but without any luck.
>
> Anyone know a link to someplace listing the "Troubled Bank List" of the FDIC
> ?
>
> Thanks,
> B.
>
How about this:
http://www.fdic.gov/bank/individual/bank/index.html
I also just got a copy of a report by Richard Bove of Ladenburg
Thalmann who rated banks on two factors. You may be able to get a
copy from him directly at rxbove at ladenburg dot com.
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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
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Posted by joeu2004 on July 27, 2008, 2:55 pm
> http://www.fdic.gov/bank/individual/bank/index.html
Good pointer. Point of information ....
The FDIC closed two banks on Friday: 1st National Bank of Nevada and
First Heritage Bank NA.
bankrate.com gave 1st National B of N its lowerst rating: 1 star and
CAEL rating 5. Good call!
But bankrate.com gave First Heritage a rating of 3 stars and CAEL
rating 3, the same rating as Bank of America (well, B of A NA,
Calif).
Conclusion: these ratings are not necessarily a predicter of troubled
banks, at least not those at bankrate.com. (Or B of A is at high risk
of failing soon.)
I looked over the weekend. I don't know if bankrate.com scrambled to
adjust its rating for 1st National B of N. But if it did, it
neglected to adjust its rating for First Heritage.
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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.
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