Nevada Bank Shut, 83rd Failure This Year - CBS News

"Regulators on Friday shut down a Nevada bank, raising to 83 the number of U.S. bank failures this year.

The Federal Deposit Insurance Corp. took over Nevada Security Bank, based in Reno, with $480.3 million in assets and $479.8 million in deposits. Umpqua Bank, based in Roseburg, Ore., agreed to assume the assets and deposits of the failed bank.

The failure of Nevada Security Bank is expected to cost the deposit insurance fund $80.9 million."

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PAGER - Rapid Assessment of an Earthquake's Impact

PAGER - Rapid Assessment of an Earthquake's Impact
Click picture for real time accurate reports.

DID YOU KNOW THERE WAS A 100% CHANCE OF AN EARTHQUAKE TODAY!

YES! There's a 100 percent chance of an earthquake today! Though millions of persons may never experience an earthquake, they are very common occurrences on this planet. So today -- somewhere -- an earthquake will occur.

It may be so light that only sensitive instruments will perceive its motion; it may shake houses, rattle windows, and displace small objects; or it may be sufficiently strong to cause property damage, death, and injury.

It is estimated that about 700 shocks each year have this capability when centered in a populated area. But fortunately, most of these potentially destructive earthquakes center in unpopulated areas far from civilization.

Since a major portion of the world's earthquakes each year center around the rim of the Pacific Ocean (Ring of Fire), referred to by seismologists as the circum-Pacific belt, this is the most probable location for today's earthquake. But it could hit any location, because no region is entirely free of earthquakes.

Stating that an earthquake is going to occur today is not really "predicting earthquakes". To date, they cannot be predicted. But anyone, on any day, could make this statement and it would be true. This is because several million earthquakes occur annually; thereby, thousands occur each day, although most are too small to be located. The problem, however, is in pinpointing the area where a strong shock will center and when it will occur.

Earthquake prediction is a future possibility, though. Just as the Weather Bureau now predicts hurricanes, tornadoes, and other severe storms, the NEIC may one day issue forecasts on earthquakes. Earthquake research was stepped up after the Alaska shock in 1964. Today, research is being conducted by the USGS and other federal and state agencies, as well as universities and private institutions. Earthquake prediction may some day become a reality, but only after much more is learned about the earthquake mechanism

USGS Earthquake ShakeMaps

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USGS M2.5+ Earthquakes TODAY!

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USGS M2.5+ Earthquakes - Past 7 days

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USGS M5+ Earthquakes - Past 7 days

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