silverton bank

Don't Panic! Copper stockpiles are growing

Feb 21, 2009

Anglo American to axe 19,000 jobs worldwide after slump in demand:
http://www.independent.co.uk/news/business/news/anglo-american-to-axe-19000-jobs-worldwide-after-slump-in-demand-1628274.html

Copper Heads for Second Weekly Drop as Global Inventories Grow:
http://www.bloomberg.com/apps/news?pid=20601012&sid=aB2EzknO7AfE

Copper Declines for Second Week in N.Y. as Stockpiles Increase:
http://www.bloomberg.com/apps/news?pid=20601012&sid=al4kdLqGqujM

Copper gains as dollar dips:
http://www.theglobeandmail.com/servlet/story/RTGAM.20090219.wbasemetals0219/BNStory/energy/home

Copper stockpile cycles indicate collapse in copper prices and start of global depression:
http://www.indiadaily.com/editorial/14935.asp

Aluminium is also piling up:
http://www.theaustralian.news.com.au/business/story/0,28124,25081632-5005200,00.html

United they fall: post-communist states pull EU into the red:
http://www.guardian.co.uk/business/2009/feb/21/global-recession-eastern-europe

Latvian Prime Minister quits of economic crisis:
http://www.timesonline.co.uk/tol/news/world/europe/article5776465.ece

This financial crisis is now truly global:
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4736387/This-financial-crisis-is-now-truly-global.html

Oh, BTW - another bank has fallen in the States, the 14th since the start of the year-
Citizens Bank, Corvallis, Oregon, Assumes All of the Deposits of Silver Falls Bank, Silverton, Oregon:
http://www.fdic.gov/news/news/press/2009/pr09024.html

For the full list off the FDIC site, look here: (Look for the word 'Acquires' or 'Assumes')
http://www.fdic.gov/news/news/press/2009/index.html

Oh, finally - remember Reinhardt's cryptic post of 7 = light?
GE shares touch a new annual low:
http://business.theglobeandmail.com/servlet/story/RTGAM.20090220.wge0220/BNStory/Business/home

Peace

Video Tags:Copper, stockpile, London Metal Exchange, Base Metals, Manufacturing, Consumer Electronics, Japan, China, India, USA, Economic Collapse

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Yahoo news related to silverton bank

Silverton Bank in Georgia shut down by regulators (AP via Yahoo! News)
Regulators have shut down Silverton Bank in Georgia and set up a temporary government-controlled bank until a buyer can be found. It was the 30th bank failure this year in the U.S.

U.S. regulators seize Silverton commercial bank (Reuters via Yahoo! News)
U.S. banking regulators seized Silverton Bank of Atlanta on Friday, a bank that provided services to other banks, the biggest bank failure so far this year.

US closes Silverton Bank, 30th of year (AFP via Yahoo! News)
US authorities on Friday closed down the Silverton Bank in Atlanta, Georgia, and created a "bridge bank" to take over its operations.

Google news related to silverton bank

Closures marks 31st bank failures this year - MarketWatch  By Matt Andrejczak, MarketWatch SAN FRANCISCO (MarketWatch) -- Regulators on Friday shut down Georgia's Silverton Bank NA and New Jersey's Citizens Community Bank, bringing the number of bank failures this year to 31. Since the economic downturn began ...

Silverton Bank of Atlanta, Ga. fails; 30th of year - MarketWatch  By Wallace Witkowski SAN FRANCISCO (MarketWatch) -- Silverton Bank, NA, of Atlanta was closed Friday by the Office of the Comptroller of the Currency, according to the Federal Deposit Insurance Corporation, making it the 30th bank failure of the year ...

Georgia, New Jersey Banks Seized by Regulators Amid Recession - Bloomberg  Silverton Bank of Atlanta, a commercial bank, was shut by the Office of the Comptroller of the Currency, and Citizens Community Bank in Ridgewood, New Jersey, was seized by the state's Department of Banking and Insurance. The Federal Deposit Insurance ...

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