[open-economics] Credit union failures

John Levin john at anterotesis.com
Mon Nov 26 09:16:24 UTC 2012


Hi Anders, & list,

On 14/11/2012 18:15, Anders Pedersen wrote:
> Hi John,
>
> I think it would be great if you would add these credit unions to the
> failed bank list. They should count as banks as we also include other
> non-ordinary banks like Cajas and regional banks.
>
> Best,
> Anders
>

I've added the CUs in the Guardian article, and in the process found the 
website for the Finanical Services Compensation Scheme
http://www.fscs.org.uk/news/
which has notices about many banking & related failures. I'm going 
through these at the moment.

John

> On Wed, Nov 14, 2012 at 6:48 PM, John Levin <john at anterotesis.com> wrote:
>> Hi all,
>>
>> And just as the call ended, I remembered there was a question about the
>> failed banks project I wanted to ask.
>>
>> I recently came across this report:
>> http://www.guardian.co.uk/money/2012/nov/02/north-yorkshire-credit-union-collapse
>> on Credit Unions collapsing. Although focused on N Yorks, it mentions three
>> other CUs that have failed.
>> Do we want to add credit unions to the list of failures? Do they count as
>> 'banks' for our purposes?
>>
>> John
>>
>> --
>> John Levin
>> http://www.anterotesis.com
>> http://twitter.com/anterotesis
>>
>>
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-- 
John Levin
http://www.anterotesis.com
http://twitter.com/anterotesis





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