Regulators order Raton Capital not to pay dividends

Full story: Business Journal

Federal regulators have ordered the parent company of International Bank in Raton to stop paying dividends to shareholders without first getting approval from the Federal Reserve Bank of Kansas City .

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judy

Ilford, UK

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#1
Apr 14, 2012
 
king

United States

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#2
Apr 14, 2012
 
judy wrote:
http://www.bankrate.com/rates/ safe-sound/memorandums-memos.a spx?fedid=209858
another one bites the dust. I wonder who will get the blame.
Justwondering

Albuquerque, NM

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#4
Apr 15, 2012
 
And this is different from every other business in the U.S. how?
Another1Down

Gillette, WY

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#5
Apr 16, 2012
 

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Ha!! Eventually the feds will take them over or shut them down completely. If I were you I'd get my money from that bank and run!!!! Their practice of lending to a select few and helping only who they want and when they want is catching up with them! I can't wait to see International Fail, Fail, Fail!!!!!!!! Good Riddens!
peter tucker

Lansing, MI

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#6
Apr 16, 2012
 

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That is "good riddance" Not paying a dividend has 0/nothing to do with your fixation with the end of the world
Another1Down

Gillette, WY

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#7
Apr 18, 2012
 

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peter tucker wrote:
That is "good riddance" Not paying a dividend has 0/nothing to do with your fixation with the end of the world
Thanks for that correction....but you got my point! I have no fixation with the end of the world, just the end of banks who think they're fail proof. I will be celebrating on Dec. 22, as I believe the world will keep on turning. This is just the beginning for International Bank's failure! I hope to see them fail, fail, fail!!!!!!!!
peter tucker

Lansing, MI

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#8
Apr 18, 2012
 

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You can not wait for Apocalypse
Tiger

Colorado Springs, CO

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#9
Apr 19, 2012
 

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No where does it say it is going to 'fail' This is just a report that states the financial condition of the bank which has it at a 2 star. Now that does mean it could get worse or it could get better... See the last paragraph below.

PREDICTIVE INDICATOR
As stated, we have determined a composite Star rating for this bank of 2 , indicative of a below average financial condition. At times, financial conditions of banks change rapidly and significantly. Hence, our Safe & Sound Star ratings should not be deemed predictive of likely future ratings. However, in view of early warning indicators set forth within this report, in combination with the institution's financial data, we believe that the Star rating for this institution is unlikely to change within the ensuing twelve month period.
peter tucker

Lansing, MI

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#10
Apr 20, 2012
 

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They want them to fail
Tiger

Colorado Springs, CO

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#11
May 8, 2012
 
Any more news on International Bank????

Since: May 12

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#12
May 26, 2012
 

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Wait a second, wasn't International Bank the big criminal money laundering bank? Or was that just the movie?

The road to success in the stock market is littered with the corpses of the ill-informed. Get Informed, make the right decisions by doing the appropriate due diligence http://www.duediligencetactics.com
Nedley Mandingo

United States

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#13
May 26, 2012
 

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DueDiligenceTactics wrote:
Wait a second, wasn't International Bank the big criminal money laundering bank? Or was that just the movie?
The road to success in the stock market is littered with the corpses of the ill-informed. Get Informed, make the right decisions by doing the appropriate due diligence http://www.duediligencetactics.com
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