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Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. ...more
October 24, 2009
Jean Anleu was so fed up with corruption in his country that he decided to vent on the Internet, sending a 96-character message on the social-networking site Twitter. ...more
June 27, 2009
Richard W. Sitnik of Hudson says bankers don't have money to give back to the U.S. taxpayers. ...more
April 15, 2009
John Chase of Palm Harbor urges Congress to approve President Barack Obama's economic plan and beat up on bankers later. ...more
March 28, 2009
WASHINGTON - Regulators on Friday shut down Freedom Bank, a small bank located in Bradenton. It was the 17th failure this year of a federally insured bank. ...more
October 31, 2008
It is the nature of economics that we go through these unanticipated cycles.... ...more
October 21, 2008
Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators Thursday night in an 11th-hour bid to prevent the largest bank failure in American history. ...more
September 26, 2008
Will the U.S. financial system collapse today, or maybe over the next few days? I don't think so - but I'm nowhere near certain. You see, Lehman Brothers, a major investment bank, is going under. And nobody knows what will happen next. ...more
September 16, 2008
The money we keep in the bank is supposed to help us sleep at night, not cause nightmares. ...more
August 7, 2008
A long history of bank bailouts around the world provides some models for what could unfold in the United States as the government becomes more directly involved in fixing a damaged financial system. ...more
July 17, 2008
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