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To: patron_anejo_por_favor who wrote (57585)7/12/2006 3:26:45 PM
From: Jim McMannisRespond to of 306849
 
RE:"Texas was "Ground Zero" for the S&L meltdown of the '80's, was it not? <G>"

Some bank in Vernon, Texas comes to mind. And one in Corinth, Mississippi. Those were the days for fixed income.



To: patron_anejo_por_favor who wrote (57585)7/12/2006 3:55:10 PM
From: Elroy JetsonRespond to of 306849
 
Indeed Texas was ground zero in the last savings and loan and bank collapse, particularly those which were state chartered.

But I think FDIC banks should be regulated the same in every state, although there's a possibility I may be wrong about that.
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