Comments on: Keith Fitz-Gerald's Saturday Report

By: Bank failures, Federal Deposit Insurance Corp. (FDIC) | Geiger Index - Keith Fitz-Gerald

Thu, 18 Dec 2008 18:37:10 +0000

[...] Keith Fitz-Gerald Editor, Griger Index Investment Director Money Morning Investment News/The Money Map [...]

By: Saturday, November 8th, 2008 | Autos

Saturday, November 8th, 2008 | Autos — Sat, 15 Nov 2008 15:23:56 +0000

[...] That means we’ve got to come up with new ways to look at bank safety and soundness – particularly when it comes to increasing consumer awareness of …Read More?http://www.moneymorning.com/2008/11/08/kieth-fitz-gerald/… [...]

By: rc whalen

rc whalen — Tue, 11 Nov 2008 14:31:30 +0000

Bruce:

Agree. We never publicly publish a list of bad banks. Our approach is to let clients use this information privately, but we do not publish "dead lists" of wounded banks. Not helpful. But we do let our customers construct screens of banks with low capital or excessive use of FHLB advances, both indicators of possible problems.

Best,

Christopher Whalen
Managing Director

By: Bruce

Bruce — Sat, 08 Nov 2008 16:51:07 +0000

Keith, if they publish a list of "troubled" banks now, they might as well close them now. To be publicly identified as "troubled" by the FDIC would put them out of business. If depositors are protected, then it would be far better for the FDIC (and therefore for the taxpayers) if these banks could be closed or merged in an orderly fashion. Not only is a run on a bank an ugly thing to behold, but with FDIC insurance in place under the current terms, such runs are unnecessary and inefficient.

Let investors panic with the Hedge Funds.