Bill Bartmann Discusses the European Debt Crisis on Fox Business

Watch Video on Fox Business: EU Debt Problems: Which Country is Next?

Bill Bartmann, CEO of Bartmann Enterprises, discusses the European debt crisis and its potential impact on the US economy.

Failed Banks: FDIC Announces the Closure of 4 More Banks

The Federal Deposit Insurance Corporation (FDIC) announced the closure of four (4) more banks on 7th May 2010.

The Bank of Bonifay #65
The First Federal Bank of Florida, Lake City, Florida, has assumed all of the deposits of The Bank of Bonifay.

As of 31st March 2010, The Bank of Bonifay had approximately $230.2 million in total deposits and $242.9 million in total assets. In addition to assuming the The Bank of Bonifay's deposits, First Federal Bank of Florida will purchase approximately $78.1 million of The Bank of Bonifay's assets, consisting of cash and cash equivalents. The FDIC will retain the remaining assets and will dispose of them at a later date.

The Bank of Bonifay is the 65th FDIC-insured institution to fail in the nation this year, and the tenth in Florida. The last FDIC-insured institution closed in the state was Riverside National Bank of Florida, Fort Pierce, on 16th April 2010.

Access Bank #66
PrinsBank, Prinsburg, Minnesota, has assumed all of the deposits of Access Bank.

As of 31st March 2010, Access Bank had approximately $32.0 million in total deposits and $32.0 million in total assets. In addition to assuming all of the deposits of the failed bank, PrinsBank agreed to purchase essentially all of the assets.

Access Bank is the 66th FDIC-insured institution to fail in the nation this year, and the fifth in Minnesota. The last FDIC-insured institution closed in the state was State Bank of Aurora, Aurora, on 19th March 2010.

Towne Bank of Arizona #67
Commerce Bank of Arizona, Tucson, Arizona, has assumed all of the deposits of Towne Bank of Arizona.

As of 31st March 2010, Towne Bank of Arizona had approximately $113.2 million in total deposits and $120.2 million in total assets. In addition to assuming all of the deposits of the failed bank, Commerce Bank of Arizona agreed to purchase essentially all of the assets.

Towne Bank of Arizona is the 67th FDIC-insured institution to fail in the nation this year, and the second in Arizona. The last FDIC-insured institution closed in the state was Desert Hills Bank, Phoenix, on 26th March 2010.

1st Pacific Bank of California #68
City National Bank, Los Angeles, California, has assumed all of the deposits of 1st Pacific Bank of California, San Diego, California.

As of 31st March 2010, 1st Pacific Bank of California had approximately $291.2 million in total deposits and $335.8 million in total assets. In addition to assuming all of the deposits of the failed bank, City National Bank agreed to purchase essentially all of the assets.

1st Pacific Bank of California is the 68th FDIC-insured institution to fail in the nation this year, and the fifth in California. The last FDIC-insured institution closed in the state was Innovative Bank, Oakland, on 16th April 2010.

Discover How You Can Profit from the Current Banking Crisis

Yes, you can profit from the current banking crisis and, at the same time, help others who are experiencing financial difficulties.

Bill Bartmann, who during the Savings and Loan crisis of the 1980s and 1990s went from bankrupt to billionaire buying bad loans for pennies on the dollar and then collecting on those loans for a profit has created a FREE video where he explains how you too, regardless of your personal circumstances, can profit in this downturn economy.

You can access the video by clicking the link below:

FREE Video: How to Make Money Buying Bad Loans

Failed Banks: FDIC Announces the Closure on Another 7 Banks & How You Can Profit from the Current Economic Crisis

On 23 April 2010, the Federal Deposit Insurance Corporation (FDIC) announced the closure of another seven (7) banks.

Eurobank #58
Oriental Bank and Trust, San Juan, Puerto Rico, to assume all of the deposits of Eurobank.

As of 31st December 2009, Eurobank had approximately $1.97 billion in total deposits and $2.56 billion in total assets. In addition to assuming all of the deposits, Oriental Bank and Trust agreed to purchase essentially all of the failed bank's assets.

Eurobank is the 58th FDIC-insured institution to fail in the nation this year. Eurobank is one of three institutions closed in Puerto Rico on this date.

R-G Premier Bank of Puerto Rico #59
Scotiabank de Puerto Rico, San Juan, Puerto Rico, has assumed all of the deposits of R-G Premier Bank of Puerto Rico.

As of 31st December 2009, R-G Premier Bank of Puerto Rico had approximately $4.25 billion in total deposits and $5.92 billion in total assets. In addition to assuming all of the deposits, Scotiabank de Puerto Rico agreed to purchase essentially all of the failed bank's assets.

R-G Premier Bank of Puerto Rico is the 59th FDIC-insured institution to fail in the nation this year. R-G Premier Bank of Puerto Rico is one of three institutions closed in Puerto Rico on this date.

Westernbank Puerto Rico #60
Banco Popular de Puerto Rico, San Juan, Puerto Rico, has assumed all of the deposits of Westernbank Puerto Rico.

As of 31st December 2009, Westernbank Puerto Rico had approximately $8.62 billion in total deposits and $11.94 billion in total assets. In addition to assuming all of the deposits, Banco Popular de Puerto Rico agreed to purchase approximately $9.39 billion of the failed bank's assets. The FDIC will retain the remaining assets to dispose of at a later stage.

Westernbank Puerto Rico is the 60th FDIC-insured institution to fail in the nation this year. Western Bank was one of three institutions closed in Puerto Rico on this date.

CF Bancorp #61
First Michigan Bank, Troy, Michigan, to assume all of the deposits of CF Bancorp.

As of 31st December 2009, CF Bancorp had approximately $1.43 billion in total deposits and $1.65 billion in total assets. In addition to assuming all of the deposits, First Michigan Bank agreed to purchase approximately $870 million of the failed bank's assets. The FDIC will retain the remaining assets to dispose of at a later date.

CF Bancorp is the 61st FDIC-insured institution to fail in the nation this year, and the second in Michigan. The last FDIC-insured institution closed in the state was Lakeside Community Bank, Sterling Heights, on 16th April 2010.

Champion Bank #62
BankLiberty, Liberty, Missouri, has assumed all of the deposits of Champion Bank.

As of 31st December 2009, Champion Bank had approximately $153.8 million in total deposits and $187.3 million in total assets. In addition to assuming all of the deposits, BankLiberty agreed to purchase approximately $152.6 million of the failed bank's assets. The FDIC will retain the remaining assets to dispose at a later date.

Champion Bank is the 62nd FDIC-insured institution to fail in the nation this year, and the second in Missouri. The last FDIC-insured institution closed in the state was Bank of Leeton, Leeton, on 22nd January 2010.

BC National Banks #63
Community First Bank, Butler, Missouri, has assumed all of the deposits of BC National Banks.

As of 31 December 2009, BC National Banks had approximately $54.9 million in total deposits and $67.2 million in total assets. In addition to assuming all of the deposits, Community First Bank agreed to purchase essentially all of the failed bank's assets.

BC National Banks is the 63rd FDIC-insured institution to fail in the nation this year, and the third in Missouri. The last FDIC-insured institution closed in the state was Champion Bank, Creve Coeur.

Frontier Bank #64
Union Bank, National Association, San Francisco, California, has assumed all of the deposits of Frontier Bank.

As of 31st December 2009, Frontier Bank had approximately $3.13 billion in total deposits and $3.50 billion in total assets. In addition to assuming all of the deposits, Union Bank, N.A. agreed to purchase essentially all of the failed bank's assets.

Frontier Bank is the 64th FDIC-insured institution to fail in the nation this year, and the sixth in Washington. The last FDIC-insured institution closed in the state was City Bank, Lynnwood, on 16th April 2010.

Discover How You Can Profit from the Current Economic Crisis

The current economic crisis makes it an ideal time to make money. And one way in which you can make money during this economic downturn is to buy and then collect on delinquent loans.

This is how Bill Bartmann became a billionaire. That was during the Savings and Loan crisis of the 1980s and 1990s and the current economic situation presents an opportunity many times greater than back then for the savvy investor.

And, if you're thinking that you don't have the education, the skills or the time to take advantage of this opportunity then think again.

1. You don't need to have a special education background to get started in the debt collection business;

2. You can learn the skills that you need to make money buying bad loans;

3. You can outsource the collection component of any delinquent loans that you do purchase and you can do so on a commission basis.

You can also get 100% financing to buy bad loans. To explain this lucrative and time-sensitive opportunity Bill Bartmann has created a FREE video which you can access by clicking the link below:

FREE Video: Make Money Buying Bad Loans