FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.

Regulators close 3 more banks bringing 2009 total to 123

Posted by admin on Nov 13th, 2009 and filed under Headlines, National News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

According to an AP story, regulators shut down two banks in Florida and one in California on Friday, boosting to 123 the number of U.S. bank failures this year as loan defaults rise in the worst financial climate in decades. The Federal Deposit Insurance Corp. took over Orion Bank, based in Naples, Fla., with about [...]