Is There Dutch Master In South Carolina

include U.S. authorities Another bank
Saturday 23 August 2008, 11:08 clock

Washington (Reuters) - In the United States in the wake of the credit market and mortgage crisis collapsed the ninth bank since the beginning.

Supervisors on Friday joined the Columbian Bank and Trust Company, based in Topeka, Kansas. The National Deposit Insurance Fund of the U.S. banks (FDIC) announced that the Institute have assets of 752 million and deposits of 622 million dollars. The Citizens Bank and Trust will be the nine branches and insured to take deposits of the Institute.

was the beginning of last month, the First Priority Bank of Florida collapsed after it because of payment problems many home builders fell in capital needs. The hitherto most momentous bankruptcy since the beginning was the bankruptcy of the largest independent publicly traded U.S. mortgage lender IndyMac, which was taken over by a capital shortage by the state.

circles: No nationalization of Fannie and Freddie planned
Saturday 23 August 2008, 11:09 clock

Washington (Reuters) - The U.S. Treasury plans according to reports from districts in the event of a bailout of ailing mortgage giants Fannie Mae and Freddie Mac no nationalization of corporations. When there

intervention intended to allow both companies to receive as private limited companies, it said on Friday from the Ministry responsible related circles. The papers of the mortgage lenders had been forced to plug in heavy losses this week, after media reported the U.S. government was planning to nationalization, in which the current shareholders are likely to come off badly.

This should make the stock exchanges on MO expeditiously continue upward under a technical rebound, especially since the NasdaqComp has a gap, which is mostly closed though, but for now indicating dynamics.