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WASHINGTON (AP) -- Urgent efforts to lash together a $700 billion rescue plan for the national economy broke apart Thursday night, hours after key lawmakers had declared they had reached a deal. ...more
September 25, 2008
Following the crisis on Wall Street and criticism of his contention that the economy is fundamentally strong, John McCain injected a new economic populism into his campaign in a brief speech Tuesday in Tampa. ...more
September 17, 2008
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. ...more
August 28, 2008
U.S. banking industry profits plunged by 86 percent in the second quarter and the number of troubled banks jumped to the highest level in about five years as slumps in the housing and credit markets continued. ...more
August 27, 2008
Troubled borrowers with home loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail. ...more
August 21, 2008
Bigger may not always be better, some local bankers think. Smaller community banks have weathered the economic storm better than many of the giant banking institutions, Patriot Bank Chief Executive Officer Stephen G. Zahorian argues. The Trinity-based bank has five branches in West Pasco and North Pinellas ...more
August 13, 2008
The money we keep in the bank is supposed to help us sleep at night, not cause nightmares. ...more
August 7, 2008
NEW YORK (AP) - The Federal Deposit Insurance Corp. said Friday it has taken control of the First Priority Bank of Bradenton and that SunTrust Banks Inc. will assume the bank's deposits. ...more
August 3, 2008
Crippled by millions of dollars in bad loans, First Priority Bank was seized and closed Friday by banking regulators. ...more
August 2, 2008
The First Priority Bank of Bradenton has closed, the Federal Deposit Insurance Corp. and the state Office of Financial Regulation announced today. ...more
August 1, 2008
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