US Banks (Depository Institutions) insolvent since January 2008, page
Pages:
ATS Members have flagged this thread 3 times
Topic started on 12-10-2008 @ 09:45 AM by Dbriefed



Title: Non-Borrowed Reserves of Depository Institutions
Series ID: BOGNONBR
Source: Board of Governors of the Federal Reserve System
Release: H.3 Aggregate Reserves of Depository Institutions and the Monetary Base
Seasonal Adjustment: Seasonally Adjusted
Frequency: Monthly
Units: Billions of Dollars
Date Range: 1959-01-01 to 2008-09-01
Last Updated: 2008-10-10 10:00 AM CDT
Notes:

DATE VALUE
1959-01-01 10.560
...
2007-01-01 42.098
2007-02-01 42.425
2007-03-01 42.235
2007-04-01 42.497
2007-05-01 43.084
2007-06-01 43.187
2007-07-01 41.559
2007-08-01 44.047
2007-09-01 41.101
2007-10-01 42.182
2007-11-01 42.258
2007-12-01 27.244
2008-01-01 -3.510
2008-02-01 -17.353
2008-03-01 -50.232
2008-04-01 -91.847
2008-05-01 -111.647
2008-06-01 -127.905
2008-07-01 -122.316
2008-08-01 -123.492
2008-09-01 -187.309
Edit: added following line
2008-10-01 -363.136 Ref: www.federalreserve.gov...







----- Forwarded Message ----
From: St. Louis Fed Economic Research
Sent: Friday, October 10, 2008 5:22:35 PM
Subject: Update: FRED Data Series: BOGNONBR, Non-Borrowed Reserves of...

The following Federal Reserve Economic Data (FRED) series has been updated:

Non-Borrowed Reserves of Depository Institutions
Frequency: Monthly Units: Billions of Dollars
Seasonal Adjustment: Seasonally Adjusted Last Updated: 2008-10-10 10:00 AM CDT

Main Page
research.stlouisfed.org...

View Data Page
research.stlouisfed.org...

Download Data:

Excel Format
research.stlouisfed.org...

Text, Space Delimited Format
research.stlouisfed.org...

Text, Comma Separated Format
research.stlouisfed.org...



--------------------------------------------------

You have received this email because you are subscribed to an email notification at research.stlouisfed.org....

If you would like to unsubscribe, please visit the following link:

research.stlouisfed.org...

Note you will be asked to login before you are removed from the email notification.

This message is generated by an automated system.
Please do not reply to this email notification, as your message may not be read.
If you require assistance or have questions, please use the following:

For general questions, please send email to:
webmaster@research.stlouisfed.org

For economic data questions, please send email to:
stlsFRED@stls.frb.org




[edit on 12-10-2008 by Dbriefed]

[edit on 12-10-2008 by Dbriefed]


reply posted on 12-10-2008 @ 11:35 AM by Rockpuck
reply to post by Dbriefed



Not sure I quite understand this lol ..

The Federal Reserve prints money from nothing? .. That is to say, it's made up .. Any money that they loan out is just created and charged a (small) interest..



reply posted on 12-10-2008 @ 06:58 PM by Dbriefed
I've added a line which shows US bank reserves went from negative $187Billion in September to negative $363Billion in October.

Reference is the latest Federal Reserve release for H3.
www.federalreserve.gov...



  • December - Bush trys to warn Congress
  • January - depository institutions reserves go negative for the first time
  • March - Congress holds secret session, followed by Congressional leaks about a September market crash followed by a February government crash
  • September - US market starts to crash
  • October - global market started to crash
  • October - Credit Default Swap issue starts to appear in mainstream news ($55Trillion in insurance of Bonds)
  • October - Lehman Brothers bonds settle for less than 10cents per dollar - insurers hold the balance
  • October - employees log into their 401K accounts and make a run from mutual funds to bonds
  • October 31st, employee changes to their 401K options hit
  • October-November is the Hedge fund window, 50% of investors are projected to withdraw


This is going to be bad. Even the federal reserve says the banks have no money, and the trendline is getting worse.


[edit on 12-10-2008 by Dbriefed]


reply posted on 14-10-2008 @ 02:31 PM by Phazon
reply to post by sir_chancealot



It came from China that's why the U.S. debt to China is so large.
Pages:     ^^TOP^^



Mainstream Media IGNORES Iceland Revolution
  Posted 7 days ago with 96 member flags
Paul says “Next Crisis will be More Destructive”
  Posted 19 days ago with 29 member flags
Nigel Farage: The EU Titanic Has Now Hit The Iceberg
  Posted 17 days ago with 26 member flags
Here Are The 5 Worst Places To Be When The Dollar Collapses
  Posted 3 days ago with 19 member flags
The Coming Canadian Housing Crash
  Posted 13 days ago with 18 member flags
What is *THE* domino you\'re waiting for, and why?
  Posted 7 days ago with 17 member flags
Greece bank run
  Posted 11 days ago with 15 member flags
Facebook insider sales are huge red flags
  Posted 9 days ago with 13 member flags