Swiss Signs Bank Deal With Austria

Shocker they can't get this done in the US, we coddle the rich. Why would we want taxes collected annomously on dividends? Austria will be taking in 25% on their nationals with Swiss accounts accruing dividends.

http://www.swissinfo.ch/eng/Specials/Rebuilding_the_financial_sector/Spotlight_on_banking_secrecy/Swiss_seal_Austrian_tax_deal_to_save_privacy_laws.html?cid=32477278
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13th Bank Closed By FDIC In 2012

http://www.chicagotribune.com/business/breaking/chi-regulators-close-chicagos-new-city-bank-20120309,0,7463900.story

As you can see from their website, they are cooked...

The bitch is (because they couldn't find a buyer), anyone with more that $100K in accounts there screwed.  The FDIC insurance covers only $100k.  I do wonder who got rich over the whole collapse?

Treasury Sells CitiGroup Stock

http://www.nypost.com/p/news/business/treasury_to_sell_citigroup_shares_x1tvfryuGT1s2jx2P0QJYI

Turning a profit would be nice. To have one thing the government did actually work, would be impressive.

Countrywide Is Busted...

http://www.nytimes.com/2009/06/05/business/05insider.html?_r=1&ref=global

Yeah, Angelo Mozilo will hopefully get what's coming to him. He made $140 Million selling his stocks, which drove the price down. He is just one of the many rich bastards (and bitches) who got richer and drove the markets into a free fall.

I hope your over-tan ass pales in a max security jail.

Bailout Who??

http://www.nytimes.com/2009/01/14/business/economy/14bank.html?_r=1&

This says the US bank loans could be doing more harm than good! They are just using the money we gave them to pay off loans to the US Fed (where it came from) thus wiping out their loans to the US Government! This is insane, they are supposed to be lending this money to businesses to improve the economy. We seem to be very fucking doomed.