Regulators closed one large bank in Illinois and two other smaller financial institutions on Friday, pushing the total number of failures this year to 92, according to the Federal Deposit Insurance Corp.
Regulators closed one large bank in Illinois and one small community bank in Minnesota on Friday, pushing the total number of failures this year to 91, according to the Federal Deposit Insurance Corp.
As government regulators switch from crisis-mode to rescue mode, many of the biggest and most successful bailout programs are well on their way to extinction. But there are plenty of others that are gaining momentum as the economy heads toward a recovery.
During his speech to Congress this week, President Obama singled out Rep. John Dingell (D-Mich.) for continuing the work of his late father, also a congressman, to overhaul the health care system.