3 more down: Bank failure tally hits 92

Filed Under (Economic) by on 11-09-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Two more down: Bank failure tally hits 91

Filed Under (Economic) by on 11-09-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

FDIC pushes mortgage help for jobless

Filed Under (Economic) by on 11-09-2009

Some unemployed homeowners at risk for foreclosure could get a temporary break on their mortgage payments under a plan being pushed by the FDIC.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Why some small banks still love TARP

Filed Under (Economic) by on 11-09-2009

When it comes to TARP, it's better late than never for some banks.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Gold hits record high

Filed Under (Economic) by on 11-09-2009

Gold prices settled at a new record high of $1,006.50 on Friday, rallying ahead of the $1,000-an-ounce mark for the third time this week.

Original post by Economic news - CNNMoney.com and software by Elliott Back

U.S. budget gap widens

Filed Under (Economic) by on 11-09-2009

The U.S. budget deficit grew by $111.4 billion in August, according to government figures released Friday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Gold powers above $1,000

Filed Under (Economic) by on 11-09-2009

Gold prices rallied ahead of the $1,000-an-ounce mark Friday for the third time this week, as the dollar remained under pressure.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Bailout: What’s going, what’s coming

Filed Under (Economic) by on 11-09-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Hooray for banks that refused bailouts!

Filed Under (Economic) by on 11-09-2009

It's nearly one year after the big crash, and the financial system is still functioning.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Health care: The 80% Solution

Filed Under (Economic) by on 11-09-2009

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.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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