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Old 08-18-2009, 02:33 AM   #6
Avalon Senior Member
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: Colonial Bank Goes Bust

FEVER I AM Commentary on Banks goin' BUST!

Don't Panic! Big Banks are Failing!

Mike at FeverIAm
August 16, 2009

Baltic Dry Index down 25% since July.

Separately, the Baltic Dry Index – measuring freight rates for bulk goods – has tipped over, dropping 25pc since late July. The shipping figures buttress reports that China has stopped building up stocks of metals and other commodities after a spate of frantic buying over the early summer.

Colonial Bank Group (publically traded) becomes biggest bank failure of 2009.

See (More Info) at youtube page for links to articles he references.

VIDEO (12:03):

Last edited by peaceandlove; 08-18-2009 at 08:26 PM.
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