5 Banks Are “Dead Men Walking”

From Our “Floating in the Fish Tank” Dept.
Looks like another prediction is coming true. Back in 2007 I warned my friends/family/co-workers of the 25 banks most likely to fail. I closed all my accounts at Wells Fargo. When I launched Meltdown2011.com in Feb 2008 I published the same warning on this site. 

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See who they name? Citibank, Bank of America, HSBC, Wells Fargo (which bought already-failed Wachovia last year).

These are the banks I named back in Sept 2007 and reminded you of shortly after starting this site in Feb 2008 when I asked you Is Your Bank a Casino? 

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Six-for-six–now be honest, don’t you like getting your headlines a year+ early? I thought so!

Oh, BTW, notice #17 and #23 on the list. Yep, they’re floatin’ in the fish tank, too.

Prediction
Wonder what’ll happen to the other 17 banks on the list within another, oh, 18 months, maybe… I don’t really have to spell it out, do I?

 Scott

Related:
FDIC Gears Up for Bank Failures
…They Will Kill Us All
Is Your Bank a Casino?