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4 of Top 5 banks w/ most trouble
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DrTorch Offline
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4 of Top 5 banks w/ most trouble
are in the state of...



Wait for it....





Illinois!

I can't help but wonder if the activism that led Obama to the Senate and White House, is now coming to full fruition.

http://www.msnbc.msn.com/id/29619237/ns/..._business/

Enjoy it Illini, you deserve every bit of it.
09-16-2009 09:39 AM
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GGniner Offline
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Post: #2
RE: 4 of Top 5 banks w/ most trouble
wonder what types of loans those banks in Illionois were giving out that have them up a creek? ACORN or related linked? probably
09-16-2009 09:41 AM
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Post: #3
RE: 4 of Top 5 banks w/ most trouble
(09-16-2009 09:39 AM)DrTorch Wrote:  are in the state of...



Wait for it....





Illinois!

I can't help but wonder if the activism that led Obama to the Senate and White House, is now coming to full fruition.

http://www.msnbc.msn.com/id/29619237/ns/..._business/

Enjoy it Illini, you deserve every bit of it.

Places like Illinois, Chicago, Detroit, etc., are ran by people like Robert. Does it surprise you?
09-16-2009 03:30 PM
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georgia_tech_swagger Offline
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Post: #4
RE: 4 of Top 5 banks w/ most trouble
What is it with the absolute avalanche of Georgia banks on there?
09-21-2009 03:14 PM
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DrTorch Offline
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Post: #5
RE: 4 of Top 5 banks w/ most trouble
(09-21-2009 03:14 PM)georgia_tech_swagger Wrote:  What is it with the absolute avalanche of Georgia banks on there?

Rapid growth, especially around Atlanta.

Phoenix sees some of the same thing.
09-21-2009 03:24 PM
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WoodlandsOwl Offline
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Post: #6
RE: 4 of Top 5 banks w/ most trouble
(09-21-2009 03:24 PM)DrTorch Wrote:  
(09-21-2009 03:14 PM)georgia_tech_swagger Wrote:  What is it with the absolute avalanche of Georgia banks on there?

Rapid growth, especially around Atlanta.

Phoenix sees some of the same thing.

Heritage Bank, out of Jonesboro is no surprise. They are "the Bank" for Clayton County, which is the "Mother of All Trainwrecks" in Georgia in terms of ineffective and corrupt Government.

Heritage also wrote lots of ARM's and did lots of "modifications" in terms of deferring payments, instead of modifying the loan from an ARM to a fixed. They wouldn't come off the closing costs to their customers at all to convert from an ARM to a fixed, so their customers just deferred the payments.

You see their name on Bankruptcy Schedule A as a secured creditor on real property and just laugh. They deserve it. Suntrust will eat them up by the end of the year.
09-21-2009 05:42 PM
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claytonbigsby Offline
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Post: #7
RE: 4 of Top 5 banks w/ most trouble
(09-16-2009 03:30 PM)Rebel Wrote:  
(09-16-2009 09:39 AM)DrTorch Wrote:  are in the state of...



Wait for it....





Illinois!

I can't help but wonder if the activism that led Obama to the Senate and White House, is now coming to full fruition.

http://www.msnbc.msn.com/id/29619237/ns/..._business/

Enjoy it Illini, you deserve every bit of it.

Places like Illinois, Chicago, Detroit, etc., are ran by people like Robert. Does it surprise you?

Blacks?
09-21-2009 05:51 PM
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Owl 69/70/75 Offline
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Post: #8
RE: 4 of Top 5 banks w/ most trouble
(09-21-2009 05:51 PM)claytonbigsby Wrote:  
(09-16-2009 03:30 PM)Rebel Wrote:  Places like Illinois, Chicago, Detroit, etc., are ran by people like Robert. Does it surprise you?

Blacks?

What on earth does that have to do with it?

I think you know full well what he meant, but playing the race card is easier than debating the issue.
09-21-2009 08:07 PM
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claytonbigsby Offline
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Post: #9
RE: 4 of Top 5 banks w/ most trouble
(09-21-2009 08:07 PM)Owl 69/70/75 Wrote:  
(09-21-2009 05:51 PM)claytonbigsby Wrote:  
(09-16-2009 03:30 PM)Rebel Wrote:  Places like Illinois, Chicago, Detroit, etc., are ran by people like Robert. Does it surprise you?

Blacks?

What on earth does that have to do with it?

I think you know full well what he meant, but playing the race card is easier than debating the issue.


I always play the race card. I have a whole deck of them.
09-21-2009 08:22 PM
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NIU05 Offline
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Post: #10
RE: 4 of Top 5 banks w/ most trouble
Obama's loan with felon Rezko was provided by a mob bank on the SouthSide / suburbs. That bank failed and the FDIC took over.

Mutual Bank Harvey IL

The state Treasurer a DEMOCRAT who is running for the US Senate replacing Burris (03-lmfao) his family runs Broadway Bank. This bank received Obama campaign funds, and has made numerous loans to mobsters including Rezko. In addition the DEMOCRAT family has yanked out $100 million in dividends in the last couple years and have placed the bank and depositors money in jeopardy.FDIC will have to act soon. (See Crains Chicago 09/07/2009)

Obama and the DEMS in Chicago survive on people like Robert. They make their money (MILLIONS) on phony BS that the Roberts of the world cannot vote enough for them.

Oh just another tibit on DEMS ....
Blago's aide Kelly a fellow defendant commits suicide
09-21-2009 08:47 PM
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DrTorch Offline
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Post: #11
RE: 4 of Top 5 banks w/ most trouble
(09-21-2009 08:47 PM)NIU05 Wrote:  Oh just another tibit on DEMS ....
Blago's aide Kelly a fellow defendant commits suicide

What do you expect? It's traumatic to spend years as a selfless servant to the public, then have the federal gov't and media turn on you, all over a few scratchy wiretap recordings.

A tragedy I tell ya.
09-22-2009 07:17 AM
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