By Elizabeth Kraus

FDIC Is In Hot Water

Banks are failing throughout the world…but lets get to the bottom of the page, help is on the way!

Joe Schmo wrote: “Yes, we will have fewer banks after the recession is over, but fewer more risky blood sucking banks.”
Oh boy…But wait…keep on reading this is serious stuff…
No, its not a pretty picture in Europe either
Seven of Europe’s 91 largest banks could not survive an unexpected decline in economic growth or a sharp deterioration in the value of European government bonds.

And what about our home Turf—USA

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