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Why Banks Fail
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Why do banks fail? Open discussion about the current economic situation
Recent Posts Tagged With 'mortgages'
New Name - Why American Car Companies fail
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...
New Mortgages Not Helping Homeowners
Boston.com posted an article today, Reworked mortgages not working, about how more than half of delinquent borrowers who had their mortgages reworked earlier this year to avoid foreclosure were behind on their new loan payments after just six months....
Homeowners and the future state of the economy
Financial institution around the country have received there hand-out, why not the American Homeowner. After all it is the homeowner that goes out and uses the banks, the credit cards, buys the cars, and generally makes the economy work. If he/she do...
Credit Card Crisis — Industry may cut $2 trillion lines
Why Banks Fail reported on credit cards back on October 30, 2008 in Credit Card Crisis — How we will feel it at home. One of the concepts we wanted to be clear, is that all of the banking crisis issues we have been seeing, has mostly affected a...
