Wow! FDIC off to a strong start this Friday
This is a follow-up to yesterday’s post.
I mentioned we would likely be at 60 failed banks before the end of today.
Well, it’s 5:10 as I write this and we are already there.
Three banks in Puerto Rico were closed by the FDIC today right out of the gate.
Who wants to wager on the total before the day is out?
Listen, I take no pleasure in the demise of our banks.
I merely write this to bring us all back to reality.
The economy may be “Turning the corner”, but we still have MAJOR problems
in our banking industry and lending environment.
What can you do to help the situation?
Browse around on my site… look at yesterday’s post
Real Opportunities are in Commercial Real Estate Investing and Lending Right now.
Leave me a comment below.
30Apr