For the big have gotten even bigger since the start of the financial crisis. At the end of 2007, the Big Four banks ? Citigroup, JPMorgan Chase, Bank of America and Wells Fargo ? held 32 percent of all deposits in FDIC-insured institutions. As of June 30th, it was 39 percent.
Credit card defaults usually track unemployment, which rose to a 26-year high of 9.7 percent in August. The jobless rate is expected to peak at more than 10 percent by year-end.
Regulators closed one large bank in Illinois on Friday in one of the biggest collapses of the year, while two other smaller failures pushed the 2009 total to 92.
Gingrich and Hannity agree: The bashing of Bush was much worse than attacks on Obama.
Former Cigna CEO testifies Senate Health Reform Bill is an early Christmas present to insurance companies.
Federal judge bounces one of Orly Taitz's birther lawsuits seeking a ruling that Obama is not legitimately President -- and threatens her with sanctions if she tries this stunt again.
Is Joe Wilson a Useful Idiot?
Mary Travers, a Member of the 1960s Folk Trio Peter, Paul and Mary, Has Died.
More than 180 of the world's largest investors, with collective assets of $13tn, put their combined weight behind a passionate call for strong US and international action on global warming in New York today.
That's all the news I could handle today.
Credit card defaults usually track unemployment, which rose to a 26-year high of 9.7 percent in August. The jobless rate is expected to peak at more than 10 percent by year-end.
Regulators closed one large bank in Illinois on Friday in one of the biggest collapses of the year, while two other smaller failures pushed the 2009 total to 92.
Gingrich and Hannity agree: The bashing of Bush was much worse than attacks on Obama.
Former Cigna CEO testifies Senate Health Reform Bill is an early Christmas present to insurance companies.
Federal judge bounces one of Orly Taitz's birther lawsuits seeking a ruling that Obama is not legitimately President -- and threatens her with sanctions if she tries this stunt again.
Is Joe Wilson a Useful Idiot?
Mary Travers, a Member of the 1960s Folk Trio Peter, Paul and Mary, Has Died.
More than 180 of the world's largest investors, with collective assets of $13tn, put their combined weight behind a passionate call for strong US and international action on global warming in New York today.
That's all the news I could handle today.