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Bank Failures
100 Bank Failures And Counting!
"More banks have failed in 2009 than the rest of the decade combined," writes Ariel Nelson at CNBC. Today, Partners Bank in Naples, Florida closed its doors, making it the 100th bank to fail this year. Click the link to see a map of where bank failures have happened the most over the past 10 months.
"100th Bank Failure of the Year" [CNBC]
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freddie mac
Acting CFO Of Freddie Mac Found Dead This Morning
David Kellermann, a former Freddie Mac senior vice president who had been serving as the acting chief financial officer of the mortgage buying company since its takeover by the federal government last September, was found "hanging in the basement of his Reston home, dead from an apparent suicide" early this morning. Police were called to his home by someone inside the house at about 5 am today and found Kellermann's body. More » -
scams
Top 5 "Financial Meltdown" Themed Scams To Avoid
Kiplinger's has an article that lists a few "financial meltdown" themed scams that are out there taking advantage of people lately. More »
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