Banking Still in Trouble??

[Mark]

http://www.cnbc.com/id/32581463

Banking Still in Trouble??


The US banking system will lose some 1,000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May.


“We’ve already lost 81 this year,” Kanas told CNBC. “The numbers are climbing every day. Many of these institutions nobody’s ever heard of. They're smaller companies.”

 

[VaDwayne]

http://www.cnbc.com/id/32581463

Banking Still in Trouble??


The US banking system will lose some 1,000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May.


“We’ve already lost 81 this year,” Kanas told CNBC. “The numbers are climbing every day. Many of these institutions nobody’s ever heard of. They're smaller companies.”

My mortgage company, Taylor, Bean, and Whitaker was just raided by the FBI and shut down. I paid my payment and the beginning of the month and they still haven't debited my checking account for the money. I am waiting to hear from another company to let me know about this months payment. They have said that they guarantee my credit won't be damaged while they are trying to figure it out.

 

[VaDwayne]

double post

 

[Title Insurance Tampa]

Yes no one can deny of banking troubles and in future also situation can be worst but as our government taking steps it will be hope of all settle down very soon.