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OneWest Bank, IndyMac and Their New Owners all Need to Go To Hell100

OneWest Bank, IndyMac and Their New Owners all Need to Go To Hell

What I learned while trying to save my home from foreclosure.

239 comments    credit financial banks
How Does The FDIC Close A Bank?84

How Does The FDIC Close A Bank?

The Federal Insurance Corporation (FDIC) insures depositor accounts up to $100,000 in case of bank failure. How does the FDIC close a bank?

0 comments    finance mortgage loans fdic
I Just Won the Lottery!83

I Just Won the Lottery!

A number of years ago I attended a math workshop where one of the presenters explained probability theory by demonstrating that the probability of winning the jackpot in the Arizona Lottery by purchasing a ticket were almost the same as the odds of...

242 comments    finance scam banks
How to Invest Wisely into Bank CDs81

How to Invest Wisely into Bank CDs

Before providing info on how to invest into CDs, maybe some quick explanations of a CD would be helpful. Bank CDs (certificates of deposit) are basically a loan you are making to the bank. Sounds a little...

3 comments    cds deposit fdic insurance
One Little Petunia in an Onion Patch - Centralization of U.S. Banking System79

One Little Petunia in an Onion Patch - Centralization of U.S. Banking System

Robert Childs - garden path: 1280 words . . . World Rights I wrote an article about the “collapse” of Colonial Bank, and ensuing expropriation and redistribution of their assets by the FDIC to TARP favorite BB&T (Branch Bank and Trust)....

4 comments    money florida banking
The Fall of Community Banks - The Fall of Financial Freedom and the Loss of Accountability76

The Fall of Community Banks - The Fall of Financial Freedom and the Loss of Accountability

Community banks are being a rare commodity and with the extinction, we run the risk of loosing our financial freedoms. Or are our financial freedoms already lost? Learn about this tragic extinction of a rare breed that once was the money engine for homeowners and for businesses. Listen to the top experts in the world and hear what they say about banking regulations and our economic downturn. See firsthand the statistics that showcase the community bank is extinct. Protect our financial freedoms.

0 comments    banking fdic community banks
Bank vs. Credit Union: Which is Right for You?76

Bank vs. Credit Union: Which is Right for You?

  In this current financial crunch, you’re probably trying, like the rest of the nation, to make sure every penny counts. Perhaps you’ve been over the family budget with a magnifying glass, searching for spots where cuts can be made. One area...

2 comments    credit credit union fdic bank
A Teller's Tale: FDIC Bank Closure75

A Teller's Tale: FDIC Bank Closure

In July of 2009, I was employed as a teller at a regional bank based in Illinois. According to the FDIC, "No advance notice is given to the public when a financial institution is closed." However, in the weeks...

2 comments    finance financial bank
Tips For Choosing a Good Bank & Staying out of Debt76

Tips For Choosing a Good Bank & Staying out of Debt

When it comes to understanding finances and staying out of debt, one of the number one things to do is have a good bank and bank account. They can safely store your hard earned money and make it work for you. Most people think of a bank as the...

4 comments    debt trust credit card
Avoid OVERDRAFT FEES - Learn How BANK Accounts Work74

Avoid OVERDRAFT FEES - Learn How BANK Accounts Work

Learn how to avoid overdraft fees by your bank! Learn how bank accounts work here.

9 comments    finance credit credit card
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