Tracking FDIC Bank Failures - WSJ Interactive Map

A time-lapse map of bank failures by state, since the beginning of 2008.  Click below to see the map in action.  No WSJ subscription required.

FDIC interactive map of busted banks...

• Check it out...

---

Slideshows..

• The 11 States Most Likely to Default in the Next 5 Years

• Cartoons - Politics, Economics, Wall Street, Bailouts, AIG, Federal Reserve, National Debt & More...

Comments

[DailyBail]

Why would google be hiring a MBS analyst?

http://www.linkedin.com/jobs?viewJob=&jobId=734212&fromSearch=4&sik=1250634933782

Are they going to play in PPIP with all that cash.

[spideydouble]

@DailyBail

Okay, much better posts. Please keep your blog moving in this "useful" direction.

[Sell Short]

Good old southern California. Where the whole bubble started in Orange county or Irvine. The crooks that started New Century mortgage, then World Savings, and of course Mozilo of the criminal organization of Countryfucked.

[spideydouble]

@ Sell Short

I have some orange jumpsuits with Angelo Mozilo, Herb and Marion Sandler, and Brad Morrice's names on them. These, or a date with the guillotine.

A buddy of mine worked as a loan officer at New Century and is still in denial they wrote bad loans. He insisted he and his coworkers only originated good sub-prime, Alt-A and Option ARM loans, even after the bankruptcy. He was equally in denial when I told him to dust of his résumé "just in case". LOL. F***ing delusional. A family member shorted NEWC into the ground while at two different hedge funds in both Chicago and San Fran. He repeatedly told me everyone new their clothes were shit-stained. I laughed and piped back - NEWC and anyone else stupid enough to approve a $500K Ninja loan (No Income/No Job/No Assets) to a homeless crack addict deserved to go bankrupt, which meant just about everyone. Even if they could sell off most of the toxic MBS to some sucker Pension fund in Finland, whatever toxic shit remained on their books would still kill them. Turns out the taxpayer was the greater fool will be eating mouthfuls of shit indefinitely.

[Sell Short]

@ spideydouble ,

Very smart to have shorted New Century. Those loan brokers that worked for New Century are bunch of idiots and they should all be investigated for originating fraudulant loans, creating fraudulant loan documents. I know many many loan brokers that this was their entire business. To create phony pay stubs, bank statements, ect.. however, like you said some of these banks didnt even care for any documentation. Amazing times we have gone through...

[DailyBail]

FDIC: List Of 'Problem' Banks Grows In Q3

http://www.huffingtonpost.com/2010/11/23/fdic-list-of-problem-bank_n_787487.html