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FDIC postpones meeting to explain bank failure

by Jon DeVore — Tuesday, 2/17/09, 7:27 pm

It may be nothing, but worth noting in case it is something:

The Federal Deposit Insurance Corp. has postponed a public meeting for Wednesday that was intended to answer questions about the recent closure of the Bank of Clark County.

The meeting was to have been held at Skyview High School, near Vancouver.

FDIC officials plan to hold the meeting at a later date, said Anne Butler, a former bank employee who is working for the FDIC since the bank closure.

Readers may recall that some depositors were tipped off about the impending problems at the bank, and well, others were not. Best anyone can tell that’s all legal, if not fair. Little old un-connected people didn’t seem to come out so well.

This town (Vancouver, WA) stinks to high heaven and I wouldn’t be surprised if we find out all sorts of interesting stuff someday. But that’s just a hunch. Most likely it will all go away in the end with a combination of fake “I’m sorries” and a bunch of mumbo-jumbo. The little old ladies who lost their uninsured deposits, you know, they’ll die sometime.

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Comments

  1. 1

    ArtFart spews:

    Tuesday, 2/17/09 at 8:35 pm

    It might possibly be that the FDIC officials in question were unexpectedly diverted to the the frying of bigger fish.

  2. 2

    Roger Rabbit spews:

    Tuesday, 2/17/09 at 10:08 pm

    Prevention is the best cure. Don’t put your money in small local banks run by Good Ol’ Boys. Don’t buy bonds, no matter who issues them. Matches and bullets will always be good as currency if there’s a crisis. Don’t believe anything a Republican says. If you follow these rules everything will work out all right in the end.

  3. 3

    Michael spews:

    Tuesday, 2/17/09 at 10:13 pm

    ‘O hell ya!

    http://www.nytimes.com/2009/02.....nted=print

    E.P.A. To Revisit Approval Process for Coal-Fired Plants
    By KATE GALBRAITH

    The Environmental Protection Agency inched closer to the possible regulation of emissions of heat-trapping gases from coal-fired power plants. Lisa Jackson, the new administrator of the agency, granted a petition by the Sierra Club to reconsider a controversial memorandum related to coal plant emissions that was issued in December by her predecessor, Stephen L. Johnson. Mr. Johnson’s memorandum, which remains in effect, prevents the federal approval process for power plants from taking into consideration the emission of carbon dioxide. Although the agency explicitly declined to suspend the memorandum, environmentalists embraced the granting of the petition as another step in their efforts to stop the construction of coal-fired power plants. The agency now plans to seek public comment on issues in the original memorandum and related matters.

  4. 4

    Michael spews:

    Tuesday, 2/17/09 at 10:14 pm

    @2

    Don’t put your money in a bank at all; use credit unions.

  5. 5

    Fendwick spews:

    Wednesday, 2/18/09 at 8:03 am

    Don’t put your money in a bank or credit union. I bury mine in coffee cans in the back yard. Yeah, a “well-protected” back yard. Roger’s got in right — lots of ammo. But don’t forget the foodstuffs, water and whatnot in the bomb shelter. Even have a big library of Penthouse mags.

    I’m ready.

  6. 6

    Puddybud, Hey it's the new year... spews:

    Wednesday, 2/18/09 at 8:16 am

    Hey Jonny boy…

    Where is your pithy response to your accusations in http://horsesass.org/?p=12757?

  7. 7

    Puddybud, Hey it's the new year... spews:

    Wednesday, 2/18/09 at 8:18 am

    Pelletizer worded it wrong as always…

    Don’t believe anything a Democratic like Barney Franks says. Look to your hero Harry Reid.

  8. 8

    Roger Rabbit spews:

    Wednesday, 2/18/09 at 10:27 am

    @7 I’m right and you know damn well I’m right. You just won’t admit it. Either that, or you’re a delusional fool.

  9. 9

    Michael spews:

    Wednesday, 2/18/09 at 6:15 pm

    @7
    I supported Reid when he became senate minority leader ’cause I thought whoever got the job would get the shit kicked out of them. Reid proved me wrong by becoming the senate majority leader. :-)

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