Value Microcaps Free-For-All

[kipp440]

bbotcs

I wanted to move over to this board and off the Motherboard:

I have a friend that works for "1st Bank" in Denver. I asked him if there was any truth to the stories about the FDIC raising insurance premiums for deposit insuance. He said they were slammed with $28 million, up from a little less than $4million last year. It wiped out any chance of them making money this year. The bad thing is they resisted making subprime type of loans, stayed old school, now they are punished. This is really a sick deal.