Bankruptcies: The Next Wave - BusinessWeek

Bankruptcies: The Next Wave - BusinessWeek
More good news

Deutsche Bank: Construction Loan Defaults Coming | The Big Picture

Deutsche Bank: Construction Loan Defaults Coming The Big Picture
Ah CRE, the doom of tomorrow.

Consumer Bankruptcy Filings Most Since October 2005 (Update1) - Bloomberg.com

Consumer Bankruptcy Filings Most Since October 2005 (Update1) - Bloomberg.com
More bad news, BK on the rise, almost back to pre-2005 levels.

SEC Memo says Guaranty Bank to be Seized, not Sold - Going Concern - A Tabloid for Accountants, CFOs, & Finance Execs

SEC Memo says Guaranty Bank to be Seized, not Sold - Going Concern - A Tabloid for Accountants, CFOs, & Finance Execs
FDIC now close to having to borrow from treasury. Very bad sign of things to come.

DOT declines to release data on 'Cash for clunkers' that would show impact on US manufacturers - Los Angeles Times

DOT declines to release data on 'Cash for clunkers' that would show impact on US manufacturers - Los Angeles Times
Glad we have a president who wants transpancy, unlike that last guy.

Personal Income Drops, Personal Saving Rate Slides From 6.2% To 4.6% | zero hedge

Personal Income Drops, Personal Saving Rate Slides From 6.2% To 4.6% zero hedge
More bad news

Tax Dollars Wasted: GMAC Looses Billions

[ The Financial Ninja ]: Tax Dollars Wasted: GMAC Looses Billions

Europe prepares for a Baltic blast

FT.com / Columnists / Gideon Rachman - Europe prepares for a Baltic blast
Today's must read.

Federal tax revenues plummeting

AP ENTERPRISE: Federal tax revenues plummeting - Yahoo! Finance
More problems for the government.

Feds raid Colonial Bank office in Florida | Markets | Hot Stocks | Reuters

Feds raid Colonial Bank office in Florida Markets Hot Stocks Reuters
Guess Monday is going to busy for someone.

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Is The FDIC Broke And Covering It Up? - The Market Ticker

Is The FDIC Broke And Covering It Up? - The Market Ticker
Karl may have something here. Is there political pressure to not drain the FDIC of its remain funds?

Unconscionable Math

Unconscionable Math « Taunter Media
Must read of the day

Bank Failures 69 and counting

Calculated Risk: Bank Failures 65 through 68
http://www.calculatedriskblog.com/2009/07/bank-failure-69-in-2009-mutual-bank.html

Plus two big ones just hang out waiting. No signs of slowdown.