JOHN MCKEATON5 MCCAIN OUTRAGEOUSLY VOTED AGAINST THE DOMESTIC VIOLENCE AGAINST WOMEN PROTECTION ACT TWICE AND JOHN MCLIAR MCCAIN DID VOTE AGAINST THE CIVIL RIGHTS ACT WHOS TO FLAME FOR GAS PRICES, UNEMPLOYMENT HIGHEST IN 5 YEARS (DURING BUSHS TERM), WORLD DISRESPECTING THE USA, AND YES FORECLOSURES – HERE IS WHY IT IS THE REPUBLICANS FAULT.. MCCAINS HISTORY: S&L SCANDAL – MCCAIN – KEATON CONTRIBUTIONS – 1987 MORTGAGE MELTDOWN – AMERIQUEST CONTRIBUTIONS – 2005 WALLSTREET BAILOUT – 2008 Here is how you got stuck paying the BAILOUT bill courtesy of Bush and McCain MCCAIN RECEIVED MONTHLY CONTRIBUTIONS FROM THE AMERIQUEST MORTGAGE PRESIDENT FOR DEREGULATIONS FOR THE PRIVATE LENDER AND TO INCREASE PROFIT BY INCREASING INTEREST RATES ON EXISTING LOANS IN 2005. WOW BUSH MCCAIN SCANDAL TIMELINE: -THE MORTGAGE MELTDOWN WAS NOT THE DEMOCRATS, CONSUMER, OR HOMEOWNERS FAULT, IT WAS THE POOR NAÏVE GREEDY AND FAIL REPUBLICAN LEADERSHIP WITH REPUBLICAN SUPPORT -BUSH/MCCAIN BOTH HAVE A LONGTERM RELATIONSHIP WITH AMERIQUEST PRESIDENT ROLAND E. ARNALL -BUSHS NAÏVITY & GREED WANTED TO RAISE INTEREST RATES TO INCREASE BANK REVENUE LIKE OUR GAS PRICES – BANKS WERENT MAKING ENOUGH ON 3-5% INTEREST ONLY AND ADJUSTABLE ARM RATE LOANS -GREENSPAN REFUSED TO RAISE INTEREST RATES BECAUSE GREENSPAN KNEW IT WOULD OVER LOAD HOMEOWNERS BUDGETS AND TIGHTEN OUR ECONOMY FLOW. -BUSH THEN REPLACED GREENSPAN ON JANUARY 31, 2006 FOR A YES MAN (like McCain and palin) WITH BEN BERNANKE. -BEN BERNANKE THEN …
Source: CNBC The US banking system will lose some 1000 institutions over the next two years, said John Kanas, whose private equity firm bought BankUnited of Florida in May. Weve already lost 81 this year, he told CNBC. The numbers are climbing every day. Many of these institutions nobodys ever heard of. They’re smaller companies. Failed banks tend to be smaller and private, which exacerbates the problem for small business borrowers, said Kanas, who became CEO of BankUnited when his firm bought the bank and is the former chairman and CEO of North Fork bank. (See the accompanying video for the complete interview.) Government money has propped up the very large institutions as a result of the stimulus package, he said. Theres really very little lifeline available for the small institutions that are suffering. This comes at a time when the FDIC has established new rules on bank sales. Private equity, for instance, would have to hold double the capital of their competitors in order to buy such an institution, said Kanas. This will have somewhat of a chilling effect on our participation, he said. As a result of having to keep higher capital levels, well see lower prices coming from that sector. Of the 81 failed banks this year, two have been successfully acquired by private equity, he said. Kanas private equity firm bought UnitedBank, the failed Florida-based bank, from the FDIC in May. Regulators also allowed the sale of IndyMac Bank of California earlier this year. We are …
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May 1, 2011 8:43 pm | 
