New Jersey

On the Polls

September 20, 2009 by Blue Jersey

Do you recognize these numbers?

32
33,33
34
35,35,35,35
36,36,36
37,37,37,37
38,38,38,38,38,38,38,38
39,39,39,39,39
40,40,40,40
41,41,41,41

New Jersey Problem Banks

September 19, 2009 by Blue Jersey

The great economics blog Calculated Risk has compiled an unofficial list of problem banks:

The list is compiled from regulator press releases or from public news sources (see Enforcement Action Type link for source). The FDIC data is released monthly with a delay, and the Fed and OTC data is more timely. The OCC data is a little lagged.

DISCLAIMER: This is an unofficial list, the information is from public sources and while deemed to be reliable is not guaranteed. No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein and same is subject to errors and omissions. This is not intended as investment advice. Please contact CR with any errors.

Looking at the full problem bank list, I see eight New Jersey banks out of the 436 listed nationwide.

• Amboy Bank (Old Bridge)
  
• City National Bank of New Jersey (Newark)
  
• First State Bank (Cranford)
  
• Grand Bank, National Association (Hamilton)
  
• ISN Bank (Cherry Hill)
  
• Millennium BCP Bank, National Association (Newark)
  
• Roebling Bank (Roebling)
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Stack to endorse Corzine for Governor, supports Sweeney for Senate President

September 19, 2009 by Blue Jersey

From Wally at PNJ:

Sources say that State Sen./Union City Mayor Brian Stack will announce next week that he has endorsed the re-election of Gov. Jon Corzine.  Stack, who had openly flirted with the prospect of backing Republican Christopher Christie, committed his support of Corzine during a meeting of the Hudson County Democratic Organization today.

And we don't need sources on who he would like to see as the Senate President:

"I am confident in Senator Sweeney's ability to lead the Senate, as we prepare to address matters that are critical to the residents of New Jersey," Stack said in a statement.

"Senator Sweeney has demonstrated both strong leadership and sound judgment during his tenure as Democratic Majority Leader, and I am certain that he will make an outstanding Senate President as he continues to fight for the families of our State. His prominent record as a labor leader conveys his understanding of the needs of New Jerseyans at a time when it is particularly important for working families to have their interests represented in the Statehouse."

Here's another case of the race for Governor crossing paths with the pending Senate contest.