Simon Johnson, the former chief economist at the International Monetary Fund, is the co-author of “13 Bankers.” Representative Bill Posey, Republican of Florida, has introduced legislation that would force bank examiners to be less restrictive on lending. With unemployment back up to 9.2 percent, as reported last week, the hunt is on for an explanation [...]
Tags: Bank, Bank Examiners
Posted July 12, 2011 by Hanna Silver under Financial News
Even after the heyday of bank robberies and gangsters of the 1930s came and went with the end of the Great Depression, cash-strapped recluses continued to command headlines for their flagrant disregard of the law. One of this year’s most notable bank robbers include one coined the ‘Holiday Bandit’, who’s already managed to strike eight [...]
Tags: Bank, Bank Robbers
Posted March 6, 2011 by Hanna Silver under Financial News
This article will be updated in the event additional banks fail later Friday night. Six banks failed Friday, bringing the nation’s yearly bank failure total to 125. The banks were closed by various regulatory agencies across the nation, according to the FDIC. 3 Georgia Banks Go Under The biggest bank to fail this week was [...]
Tags: Bank, Bank Fails
Posted September 17, 2010 by Hanna Silver under Financial News
TierOne Bank of Lincoln, Neb., along with two smaller institutions, failed Friday, according to the Federal Deposit Insurance Corporation (FDIC). As of June 5, 81 banks have failed so far in 2010. Banks are going under at a faster pace than they did in 2009: A total of 140 institutions failed last year. TierOne Turned [...]
Tags: Bank, Tierone Bank
Posted June 4, 2010 by Hanna Silver under Financial News
United Bank wants you to Cut the Clutter, Keep the Cash with their new $10,000 sweepstakes. Sign up online, and pay bills online to earn bonus entries into the drawing. How to Sign Up To become eligible for the sweepstakes, you must register online at the United Bank promotional website before June 30, 2010. You [...]
Tags: Bank, United Bank
Posted May 21, 2010 by Hanna Silver under Financial News