Recent Posts Tagged With 'Failure'

• New Name - Why American Car Companies fail

  Posted on Wednesday December 10th, 2008 at 09:47 in finance, Failure, mortgages, Government, corporate, gm, bailout, gmac, us cars, bank holding company, us auto makers

  Recently we have thought about changing our name to reflect what ever the current industry in crisis was, but since that just about everyone, we will stick to Whybanksfail.   It looks like GMAC, which was trying to get additional bailout funds by c...

• Third bank shut down Friday, Most in one Day

  Posted on Saturday November 22nd, 2008 at 16:19 in finance, Failure, corporate, fail, fdic, bailout, deposit insurance fund, the community bank, bank of essex, georgia regulators

  On Friday, the FDIC and Georgia regulators shut down the third Georgia-based bank this year. The Community Bank, based in Loganville, Ga. became the 20th nation bank failure this year and was followed by two bank failures in California, making the to...

• Could Citibank Fail

  Posted on Thursday November 20th, 2008 at 15:32 in finance, Failure, saudi arabia, corporate, citigroup, c, job cuts, bailout, citibank, wells fargo, wachovia, saudi prince

  The Saudi Prince has spoken, but it’s not enough to help Citigroup out of the downward plunge it is on.  Citibank opened 4% lower, but it got much worst as the day went one. Losing more then 26% to trade close the day at 4.71   Breakdown: Citiban...

• GM under $3, time travel to the 40’s

  Posted on Wednesday November 12th, 2008 at 07:08 in stocks, finance, Failure, corporate, gm, general motors, failing, gm failure

  When talking about stocks for the past few weeks I have been using the term “time travel”.  We can buy stocks for prices that we haven’t seen in years, or even decades.  Who wouldn’t like that? General Motors (NYSE:GM 2.92 o...