« The Ban on "Universal Default" | Main | Foreclosures: What About the States? »

While everyone (including me) is talking about too big to fail . . .

posted by Stephen Lubben

The small banks are dropping like flies.  At this rate the only banks left are all is going to be too big to fail.

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341cf9b753ef01310f6cec23970c

Listed below are links to weblogs that reference While everyone (including me) is talking about too big to fail . . . :

Comments

The small banks are indeed bearing the brunt of the disaster the big banks created. Park National was one of the outstanding community banks in Chicago. But the FDIC took it over because it was a mere week late in obtaining funds to recapitalize after it was left out of the TARP windfall. Of course, since the federal financial regulators caused this mess, it's not surprising that the same day that the FDIC took Park National over, the Treasury Department awarded it $50 billion in tax credits. Read more at http://www.theshriverbrief.org.

The comments to this entry are closed.

Contributors

Current Guests

Follow Us On Twitter

Like Us on Facebook

  • Like Us on Facebook

    By "Liking" us on Facebook, you will receive excerpts of our posts in your Facebook news feed. (If you change your mind, you can undo it later.) Note that this is different than "Liking" our Facebook page, although a "Like" in either place will get you Credit Slips post on your Facebook news feed.

News Feed

Categories

Bankr-L

  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click here to visit the page for the list and then click on the link for "Subscribe." After completing the information there, please also send an e-mail to Professor Lawless (rlawless@illinois.edu) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.

OTHER STUFF