27
Feb

BANKS IN TROUBLE: NO QUICK FIX SAYS SHEILA BAIR MarketWatch: — Banks insured by the FDIC posted a collective loss of $26.2 billion in the fourth quarter of 2008, the agency said Thursday, as the percentage of charged off loans tied a quarterly record of 1.91%. The grim results compared to a $575 million profit [...]
Mike Palacek is a writer who also runs the New American Dream website. Everyday he interviews people he thinks his readers might want to meet. This past Monday, it was my turn. He sent the questions and I tried to reply. I thought readers of the News Dissector might enjoy the back and forth. ******* [...]