Seven banks fail, pushing 2009 tally to 52 Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.
Rogue trades cost oil broker $10m A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.
Credit Card Debt Consolidation - The Basics Credit card debt consolidation is a term that gets thrown around on TV a lot. If you understand what debt consolidation is and how it is accomplished, it is very likely you can accomplish the same goals as others and get the same benefits without paying someone an excessive fee. This article will help you if you are worried about credit card debt and want to know the basic steps to take to consolidate your debt.
FDIC Takes 2 Banks - 47 in 2009 It looks like the FDIC wants to get a jump on the holiday weekend.
Today they announced 2 bank failures:
First State Bank of Winchester (Winchester, IL)
John Warner Bank (Clinton, IL)
Losses to...
