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Copper Catcher
Administrator


USA
2092 Posts

Posted - 07/17/2010 :  09:00:28  Show Profile Send Copper Catcher a Private Message
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Mainstreet Savings Bank, FSB Hastings MI 28136

The FDIC and Commercial Bank entered into a loss-share transaction on $77.1 million of Mainstreet Savings Bank

Olde Cypress Community Bank Clewiston FL 28864

The FDIC and CenterState Bank of Florida, N.A. entered into a loss-share transaction on $128.2 million of Olde Cypress Community Bank's assets.


Turnberry Bank Aventura FL 32280

Metro Bank of Dade County Miami FL 25172

First National Bank of the South Spartanburg SC 35383

The FDIC and NAFH National Bank entered into loss-share transactions on $299.3 million of Metro Bank of Dade County's assets; $194.6 million of Turnberry Bank's assets; and $512.4 million of First National Bank of the South's assets.


Woodlands Bank Bluffton SC 32571

The FDIC and Bank of the Ozarks entered into a loss-share transaction on $288.7 million of Woodlands Bank's assets.

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Copper Catcher
Administrator



USA
2092 Posts

Posted - 07/17/2010 :  09:03:25  Show Profile Send Copper Catcher a Private Message
Millions become billions and billions become trillions and the beat goes on! At what point will the drummer stop playing?

Take a moment, if you have not already, and just add up the loss-share transaction numbers for each for just this day and think about it for a moment.

Unfortunately the main stream media want say anything and this has become so common place that people will act as if it does not matter.
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