It is noteworthy that no mainstream, nor ‘internet mainstream’, news

report / disseminator picked up the following bank closures which,

though predictably consistent with a regularity that some may find
tedious, is a particularly important piece of economic data since many
more financial institutions already satisfy the closure criteria and the
change in FASB rule to mark to anything valuation of toxic assets /
securities exacerbates this reality.

BANK FAILURE FRIDAY 3-12-10 (4 MORE)

Submitted by Live_Free_Or_Die on Sat, 03/13/2010 - 01:26

Statewide Bank Covington LA
Old Southern Bank Orlando FL
The Park Avenue Bank New York NY
One was actually closed on 3-11-10:
LibertyPointe Bank New York NY
http://www.fdic.gov/bank/individual/failed/banklist.html

REGULATORS SHUT BANKS IN NY, FLORIDA, LOUISIANA

Published: 3/12/10, 6:46 PM EDT

By STEPHEN BERNARD

NEW YORK (AP) - Regulators on Friday shut down banks in New York,
Florida and Louisiana, raising to 30 the number of failures this year of
federally insured banks.
The Federal Deposit Insurance Corp. was appointed receiver of Park
Avenue Bank in New York, Old Southern Bank in Orlando, Fla. and
Statewide Bank in Covington, La.
Park Avenue Bank had $520.1 million in assets and $494.5 million in
deposits as of Dec. 31…

A Constitutional Dollar Michael Rozeff | Are you aware that a Federal

Reserve dollar bill is not a constitutional dollar? Jim Rogers Sizes
Up Two Global Bubbles The euro is unlikely to still exist as a
currency over the longer term, the pound will fall substantially in the
next few years and US Treasuries, u.s. real estate, global real estate,
some China real estate, stocks, etc..
(3-17-10) Dow 10,734 +47 Nasdaq 2389 +11 S&P 500 1,166 +6 [CLOSE- OIL
$82.93 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS
$2.73 (reg. gas in LAND OF FRUITS AND NUTS $3.08 REG./ $3.26 MID-
GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,125 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$17.51 (+47% for year 2009) PLATINUM $1,631 (+56% for year 2009) /
DOLLAR= .72 EURO, 90 YEN, .65 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.64% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
MARKET MANIPULATION AND HOW THE LATEST BUBBLE-FRAUD
PRE-COMING CRASH IS BEING ACCOMPLISHED 3-11-10 6
Theories On Why the Stock Market Has Rallied 3-9-10 [archived
website file] Risks Lurk for ETF Investors The bull market that
never was/were beyond wall street b.s. when measured in gold
Property Values Projected to Fall 12% in 2010 Jan 31, 2010 The
Week Ahead: Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010
01-13-10 Forecast for 2010 from Seeking Alpha Contributor THE
COMING MARKET CRASH / CORRECTION 1-28-10 Maierhofer
(01-15-10) 11 Clear Signs Economy Sinking Economic Black Hole 1-
22-10: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not
Going To Recover Current Economic / Fiscal Charts
Trendsresearch.com forecast for 2009 1-7-10 Crash is coming!
‘WORST ECONOMIC COLLAPSE EVER’ Must Read Economic /
Financial Data This Depression is just beginning The
coming depression… thecomingdepression.net MUST READ:
JEREMY GRANTHAM’S QUARTERLY UPDATE 25 January 2010 (850
on the S&P) by TPC The Next Wave of Collapse is Coming Sooner
than you think Sliding Back Into the Great Recession
ABSOLUTELY, ABSURDLY, RIDICULOUS! SELL / TAKE PROFITS
WHILE YOU CAN SINCE MUCH, MUCH WORSE TO COME! [ (2-16-10)
Paul B. Farrell, MarketWatch Economic Doomsday is Here Market
rallies on weak worthless Weimar dollar, higher oil prices, and news
from ny fed, the one with $4 trillion missing/unaccounted for, that NY
is now a global hub of manufacturing activity with stimulus-generated
inventory increase (even if believed), that former obfuscating source
of cyclic up must come down as said inventories are unsold or
unloaded…riiiiight!…Total bull s**t!… Shadowstats’ John Williams:
Prepare For The Hyperinflationary Great Depression Roubini: 'The
worst is yet to come'... Top Eurobank prepares for 'global economic
collapse'... CHINA: ‘The world does not have Money to buy more
US Treasuries’ We Have Reached the Top of the Stock Market
(Charts/Analysis/Article 1-19-10) Marketwatch: U.S. stocks held
their gains following the release of the home builders' sentiment
index, which declined in January as industry leaders remained
concerned about the poor job market and the continuation of home
foreclosures. Read more about the sentiment survey. It’s Time to
Sell the Market…(1-19-10 Why wait till too late?) … This means closing
out some longs for a profit, or at least taking some money off the
table. This also means considering what one would do if stocks were
to stage a significant reversal. The fact that corporate insiders are
selling their stakes in record numbers and that fewer and fewer
investors are participating in this rally makes a massive reversal
probable rather than possible this year!... Peter Shiff: Economic
collapse in near future / 2010, coming decade worse than past decade …
S&P sells on a price-to-earnings multiple of 88 after the recent
financial results. That is a horrendous overvaluation. A reasonable p/e
would be around 18-25…’ Economist Wachtel says practices that
caused crisis in play, toxic assets still there, and economically sound
lending not viable …El-Erian who oversees nearly $1 trillion in assets,
more than the gross domestic product of most countries, says stocks
will drop 10 percent in the space of three or four weeks, bringing the
Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010:
Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN
2010 FOR THE UNITED STATES TO END UP AS BADLY AS
ARGENTINA A DECADE AGO? “Worse! Worse than Argentina
because our debt problems are worse. This is classic empire decline.
Argentina was not even an empire. We’re fighting wars in foreign
countries as we are depleting the Treasury .…That’s why we are
calling it: Breaking Point 2010!” The History of the Future: Trends
2012 Autumn 2012, the “Greatest Depression” has spread worldwide
…
Go to following pages for above links:
http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

Kucinich Kisses the Ring as Obama Deceptively Sells Totalitarian Care in

Ohio Kurt Nimmo | Should we ever trust Dennis Kucinich again? I
think not. Kucinich Sells Out On Health Care After Ride In Air
Force One Steve Watson | “When the President of the United States
wants to have a conversation with you, you take that seriously.”
CNN’s Cafferty: ‘Beyond Sleezy’ for Pelosi to Use Procedural Tactic
on Health Bill “Politically speaking, this is beyond sleazy. It’s meant
to protect Democrats – especially those up for re-election in
November – from having to make a tough vote. Pelosi says of this
process, ‘I like it… because people don’t have to vote on the Senate
bill.’ In Nancy Pelosi’s world, accountability is a dirty word.”

Government Warned 9/11 Commission ‘Not To Cross The Line’ The 911
Cat is out of the bag Ventura: ‘You’re not allowed to ask’ about 9/11
Muriel Kane | Three pages of comments were posted during the
couple of hours before the (joke by any standard) huffington huff and
puff post deleted Ventura’s post on 9/11. Government Warned 9/11
Commission ‘Not To Cross The Line’ Documents recently obtained by
the ACLU show that the government warned the 9/11 Commission
against getting to the bottom of the September 11 terror attacks in a
letter signed by Attorney General John Ashcroft, Defense Secretary
Donald H. Rumsfeld and CIA Director George J. Tenet.

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm
News Reports On Possible Iran Attack Pick Up Momentum Kurt Nimmo |
Hundreds of U.S. bunker buster bombs have been delivered to the
island of Diego Garcia in the Indian Ocean in preparation for a
possible attack on Iran.

US may be seeking Israel ‘regime change’

Department of Homeland Security’s Mobile Precrime Modules Kurt Nimmo

| The DHS is not creating this technology in order for it to sit in a
government warehouse. Pre-Crime Policing Radley Balko |
Allegedly “disgruntled” man has his guns seized, and “voluntarily”
surrenders to two SWAT teams and dozens of police officers for a
crime that hadn’t been committed.

Paper: Defense official ran private spy operation A US official identified as

Michael Furlong organized a network of private contractors in
Afghanistan and Pakistan with the purpose of finding and killing
suspected Islamic militants, The New York Times reported Monday.

Jihad Jamie: Corporate Media Hypes Another Blond Terrorist Kurt Nimmo |
The government will need to come up with terrorists who are not so
obviously mentally or emotionally disturbed in order to sell us on an
interminable war on terrorism. “JihadJane” was laughable, Web
watchers say Philadelphia Inquirer | For years, “JihadJane” had been
a joke to those who kept tabs on her online.

Drudge vs. the Senate? U.S. SENATE WARNS ALL STAFF TO AVOID
DRUDGE... Senate Tells Employees Not to Read Drudge Report
Drudge Report | Just as the healthcare drama in the capitol reaches a
grand finale, congressional officials are warning employees to avoid
the Drudge Report.
Senate declares Drudge Persona Non Grata, Internet Jihadist!

DRUDGEREPORT: OBAMA UPSIDE DOWN IN GALLUP; MORE DISAPPROVE...

Knoller: National Debt Up $2 Trillion on Obama's Watch...
WHITE HOUSE: Jobless Rate Will Be Elevated for 'Extended Period'...
Idaho first to sign law to sue fed gov't over healthcare; 37 other states
consider...
Virginia will sue...
GALLUP: NEW LOW FOR O
HOPE TURNS INTO DEEP DIVISION
Monthly Federal Budget Deficit Balloons to Record; Up 14% from 2009...
OBAMA RUNS OUT OF PATIENCE WITH ISRAEL...
Firestorm in Congress...
Netanyahu defies U.S. over Jerusalem settlement...
CHIEF EXORCIST: 'DEVIL AT WORK IN VATICAN'...
POPE UNDER PRESSURE
ABUSE CLAIMS SWEEP CHURCH IN EUROPE
Kennedy Yells: Media Doing 'Despicable' Job Covering Afghanistan!
MEXICO UNDER SIEGE: 13 killed in Acapulco area, 11 others elsewhere...
Gunmen kill American consulate staff...
US citizens shot dead by Mexican drug gangs...
Feds puts brakes on 'virtual' border fence...
IRS visits Sacramento carwash in pursuit of 4 cents...
Civilized groups: Could ruling lead to the ultimate uncivilized and
regressive behavior of hunters shooting cats ?
Obama facing uprising over new NASA strategy…If anything there should
be uprising over continued war spending by defacto bankrupt u.s. and not
wise containment of spending for that fraudulent sinkhole called nasa...
MASSA: NUDE RAHM MADE IT CLEAR 'I BETTER VOTE WITH THE
PRESIDENT'...
'There are text messages'...
FOXNEWS BECK TELLS AUDIENCE: 'I'VE WASTED YOUR TIME'...
PELOSI: 'This is a very sick person'...
Larry King: 'Are you gay?'...
UPDATE: Indonesian students continue protest of Obama's visit...
SHE'S LOSING HER GRIP (nancy pelosi)!
AFRAID TO VOTE, NANCY?
Massachusetts Treasurer: Dems healthcare plan will 'bankrupt the country
in four years'...
VIDEO: 'We have to pass the bill so that you can find out what is in it'...
Sarkozy and Bruni 'both having affairs'…very experienced italian bruni
says she needs even more first lady experience...
1 in 6 Americans infected with herpes...
THE WOMAN WHO IS SEXING UP THE LIB DEMS IN UK...
...from porn to Parliament
Obama policies projected to add $9.7 trillion to debt by 2020...
Estimates show grim picture...
Poll: America less respected...
China calls USA hypocrite over human rights...
Central banker says USA should not blame others...
Att'y general failed to give legal briefs to Senate...
99 weeks of 'unemployment payments'...
Vegas jobless rate hits all-time high of 13.1%...
Positive Jobs Report Doesn't Ease Worries of a 'Double Dip'…particularly
since subject to, as in previous month, 200%+ revisions worse than
reported...
Banks closed in FL, IL, MD, UT...
Economists Warn Another Financial Crisis On the Way...
JAKARTA STUDENTS PROTEST OBAMA VISIT...
Dan Rather: 'Articulate' Obama Couldn't Even 'Sell Watermelons'...
NYT SPLASH SUNDAY: SCIENTOLOGY'S DEFECTORS SAY CHURCH
HIDES ITS ABUSE...
Pentagon on Lockdown After Officers Shot; Suspect in Custody...
Three People Shot at Metro Station...
BIG SIS UNLEASHED: Homeland Security program digs 'into all Internet
communications'...
Feds weigh expansion of monitoring...
THE BOOK: Rove admits to error on Iraq as Bush strategist...
New ghost towns: Industrial communities teeter on the edge...
DEM REP. CHARGES: NAKED RAHM THUGS AROUND GYM SHOWERS
IMF CHIEF WANTS NEW GLOBAL CURRENCY
MORE BAILOUT: FANNIE Seeks $15.3 Billion in Additional Aid...
AIG Loss Bigger Than Estimated...
israel approves 600 new Jerusalem settlement homes...
israelis rush to join Mossad after Dubai killing...
Jobless claims up 12% in past 2 weeks...
China extends lead as top food producer...
'American influence waning'...
Beijing looks at severing dollar peg...
China says U.S. ties 'seriously disrupted'...
Senator warns of 'financial meltdown' risk...
China postpones military exchanges with USA...
China PLA officer urges challenging U.S. dominance...
Putin: Russia to build new strategic bomber...
Sarkozy under pressure, faces poll wipeout...
Merkel's coalition in chaos...
Venezuela murder-rate quadrupled under Chavez...
Two Murders an Hour...
Unemployment tops 20% in eight California counties...
LA utility rates may rise between 8% and 28% to pay for mayor's 'green'
initiatives...
Mass school closures approved in Kansas City...
Cash-Strapped New York State Halts $500 Million In Tax Rebate
Checks...
 BRAVE NEW WORLD: Brain scan 'can read people's thoughts'… What
total bull s***; neocon wet dream come true so they can say what
you’re thinking even if you’re not, you non-patriots / jihadists ...

Go to following pages for above links:

http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm