RE and economic charts: Unofficial Problem Bank list increases to 997 Institutions + Schedule for Week of May 29th + Summary for Week Ending May 27th

Saturday, May 28, 2011

Unofficial Problem Bank list increases to 997 Institutions + Schedule for Week of May 29th + Summary for Week Ending May 27th

[mEDITate-OR:
see that we are almost there...!!!
hitting a 1000..., finally.
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In addition to CR's Weekly Summary and CR's Schedule for next week
we received the "unofficial problem bank list"
What that shows U.S. is the problem is spreading out
impacting many more smaller banks & CUs
What FDIC is doing is subsidizing the better run banks
to buy the ones in the most trouble.
thereby consolidating the industry and flushing the bad loans.
Can you hear the Fat Lady Sing? And, see the end?
If so, you need to get your hearing & eyes re-examined.
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While CR does not think the jobs will increase, much if at all
they still show U.S. how far below normal we really are.
"there are currently 6.96 million fewer jobs in the U.S.
than when the recession started in 2007."
You cannot cover that up or over - we need jobs. Lots a jobs
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While CR tries to explain/estimate how large the "hidden inventory" really is
they show U.S. once again how low new home sales are
and why the distressing gap simply has not gone away, or gotten better.
This week Jim@CR will make another stab at it.
Pray, for a full recovery.
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Unofficial Problem Bank list increases to 997 Institutions
http://calculatedriskimages.blogspot.com/2011/05/unofficial-problem-bank-list-may-27.html
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Payroll Jobs per Month