***Alert*** FDIC IS NOW ON EMPTY

Isn't it weird, the way they avoid to mention WaMu, the "Biggest Bank Failure in US History"

[link to cashmoneylife.com]


WaMu Crashes – Biggest Bank Failure in US History

by Patrick on September 26, 2008

Because the sale of Washington Mutual was brokered by the FDIC, the bank wasn’t allowed to fail to the point that the FDIC insurance was used. This could have cost taxpayers nearly $30 billions of dollars and depleted the FDIC deposit insurance fund. Instead, JPMorgan Chase purchased the bulk of Washington Mutual, including the bank’s deposits and loans, and it’s risky mortgage portfolio, which played a large role in WaMu’s failure.

they said in the article, biggest bank failure of 2009..

wamu was in 2008..

Colonial Bank was the biggest of 2009.
Thus depleting the rest of the funds in the fdic.
They are broke.

FFS, all they have to do is add some zeroes.


Like any of this money is real...

Possible National Guard Deployment in Alabama 8/5/09

Colonial has 346 branches between Alabama,
Florida, Georgia, Nevada and Texas.

This hit will cost the FDIC 2.8 Billion dollars, which is more than they have left.

National news isn't even reporting it.

Figures...

The Fuckers are broke.
Math never lies.