What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on November 9, 2010.
Learn more about SpinDistribute Article Distribution System.

U.S. Financial Industry Winter is Difficult to Survive

Article Category: Business

Author Name: xia zihui

U.S. mortgage crisis and the wave of bank failures has not stopped. November 5, Citigroup and Bank of America to action by a number of investors regarding the SEC to submit documents; the same day, the Federal Deposit Insurance Corporation announced that another four small banks failed, causing collapse of 2010 so far the number of banks rose to 143, more than the year 2009 the sum of 140 failed banks.

Citigroup Bonds indicted

Citigroup 5 in a document submitted in the SEC, said the group since July of this year has been investors in mortgage bonds over the prosecution, including Chicago and Indianapolis Federal Home Loan Bank , and Charles Schwab and Cambridge Place Investment Management hedge funds and other investment institutions. The investor lawsuits in product sales in the United States lied about or failed to disclose the mortgage-related securities of important information.

Charles Schwab, Citigroup was first indicted in July and several other banks, Citigroup claimed tens of thousands of document wrongly guided the risk of underwriting loans, "loans to provide such a departure from the sponsor's underwriting criteria for loans," led to the mortgage in 36 1.38 billion related to bond investments suffer huge losses. Schwab is currently awaiting action on the United States District Court in San Francisco.

Action hedge fund Cambridge Place the object the same for large Citigroup and other major banks, including Goldman Sachs, Morgan Stanley and JP Morgan Chase, the Fund hopes to recover its losses in subprime mortgages in the 12 billion dollars.

In addition, Bank of America 5, disclosed in a regulatory filing, the bank is responding to the current total of about 54 billion U.S. dollars related to mortgage-backed securities, the number of lawsuits, including Chicago, San Francisco, Seattle and Pittsburgh Federal Home Loan Bank prosecution. The lawsuit, Bank of America strongly urged investors to repurchase billions of dollars in bad mortgage loans.

Analysts said the bank should not have from the beginning to mortgages bundled into securities sold to investors. However, despite several large U.S. banks are facing a debt to repay investors sold bundled bad mortgages enormous pressure, but the lawsuit brought by investors in the banks will want to win difficult. Investors main bone of contention is unfair to its banks do not meet investors sold subprime loans to established investment criteria; but the banks that even standard mortgages the investors may also be poor performance.

High bank failures

Federal Deposit Insurance Corporation on November 5 said that given the weak economy, the United States today there are four small bank failures, one of which belongs to Maryland, a part of Washington state, another two are in California, in 2010 the number of failed banks has been rose to 143. California bank failures in this tidal wave in the most affected, as of now the state's number of failed banks in 2010 has reached 12.

Financial economists said that this year the past two decades since the U.S. banking industry is the fastest to bankruptcy, but it and the 2008 and 2009 compared to the size of failed banks in 2010 is relatively small, so compared to the past two , the current wave of bank failures on the U.S. macro-economic impact of more limited.

Keywords: babolat racquet tennis,wireless ps2 controller,broke back mountain,

Learn more about SpinDistribute Article Distribution System. We also offer one of the Best Article Writing Services out there - give us a try if you need great articles on various topics!

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.