Diamonds and Dogs

It's the weekend, more banks fail

The total is now 25. Two more banks were closed over the weekend, Haven Trust Bank of Georgia and Sanderson State Bank of Texas, bringing the number to 25 banks that are in the hands of the FDIC this year. These guys are nothing compared to the biggest loser of all, Bernie Madoff, who clipped investors for $50 billion according to news reports. Bernie thought he was untouchable and believe me, he will not want to be touched where he is headed to now.

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