Video duration: 134 seconds
Global video hits: 391
How on earth is this not the biggest story in the news today? Hurricane Ike pales in comparison to the failure of the guarantor of the US (and world) banking system.
WSJ article:
http://online.wsj .com/article/SB12198 8264712378113.html
Music:
Militaire Electronic : Kevin MacLoed (extro)
Video duration: 122 seconds
Global video hits: 3243
PlusFDIC Says Deposits in Failed Bank Are 'safe'FDIC Says Deposits in Failed Bank Are 'safe'The Associated PressTwo days after the Federal Deposit Insurance Company took over California based IndyMac Bancorp Inc., an official says the bank will reopen Monday for business as usual. (July 13)This video contains ONLY natural sound. No script is available.
Video duration: 454 seconds
Global video hits: 1616
Pretty amazing stuff by action painter at the FDIC. Pierce got him along to open their booth on thursday. hes best known for the 'hero' piece, which he did here as well, but he did something special for his opening.
Video duration: 310 seconds
Global video hits: 380
Will Fannie & Freddie be bailed before the Housing Bill becomes law on October 1? The FDIC has a plan to bail out defaulting loans at IndeMac Federal. Why not a National Mortgage Bank and expanded use of Ginnie Mae? Why Recession is unavoidable.
Video duration: 286 seconds
Global video hits: 493
Sheila Bair, FDIC Chairman, explains the many concerns depositors have about their bank accounts due the recent bank failures. Depositors don't have to worry if they are within the FDIC loan limits. She also talks about the FDIC loan modification program for IndyMac Bank customers.
Video duration: 169 seconds
Global video hits: 469
IndyMac Bank has been rescued by the FDIC. But depositors, worried about the bank's solvency, still rushed to withdraw their money. Large sums may still be at risk. Bill Whitaker reports.
DJ Cliche driving through the Boston area and playing this song i found on facebook's free downloads. Unfortunately, i had to cut a couple parts out to make the video short enough to be the correct file size, so its a little skippy at one point
Video duration: 314 seconds
Global video hits: 229
FDIC Total Assets are now declining as earnings slump. C&D Loans starting to contract on writedowns! The Problem Bank list is getting longer. Loan Loss Provisions are up, but not enough to raise the Coverage Ratio.
Video duration: 427 seconds
Global video hits: 125
A Summary of the Financial Events of the week as the Fed kicks sand in its own line in the sand. WaMu can not be allowed to fail, and the FDIC needs to push to guarantee all US Deposits. Watch the monthly chart for the Dow, but respect annual support at 10,747.
Video duration: 254 seconds
Global video hits: 143
The FDIC releases its Quarterly Banking Profile for Q2 next Tuesday, and I will be focusing on cascading bad loans, most notably, C&D loans. A year ago Fannie Mae was touted as the savior, now it seeks to survive. The passing of the Housing Bill was just plain STUPID!
Video duration: 274 seconds
Global video hits: 135
The NASDAQ and SOX are below their 200-day simple moving averages, as Apple and Google roll over. Dell is too expensive in front of Thursday's earnings. Fannie & Freddie - to Bail or let Fail? The FDIC data will show continued stress building in the banking system.