Epoch Times | Close to 3,000 banks are currently classified as having a risky concentration of commercial real estate loans, according to a recent report by the Congressional Oversight Panel (COP). All of them are small to mid-sized banks, already weakened by the financial crisis.

James Dunne, senior managing principal of Sandler O'Neill, said 300 to 400 banks could be seized this year, especially as institutions start to deal with deteriorating commercial real estate loans. WASHINGTON (Reuters) - About 1,000 U.S. banks could fail as a result of the recent banking crisis t...

alternet. | As you've probably heard, corporations are now "people" -- humanoids that are equivalent to you and me. This miraculous metamorphosis happened on Jan. 21. Accompanied by a blinding bolt of lightning, and a terrifying jolt of thunder, five Dr. Frankensteins on the Supreme Court threw a ju...

Canadafreepress | Citibank’s recent announcement that it may require seven days notice prior to honoring withdrawals is just the latest small brushstroke on a much larger canvas being painted by the banking system and the US government.  The broader picture is shocking for those watching as it ...

.noonehastodietomorrow.com | GREECE has touched Germany's rawest nerve by accusing the EU powerhouse of not fully compensating it for gold stolen by the Nazis during the Second World War.   The incendiary comments came as some 50,000 Greeks took to the streets of Athens to protest over auste...

WASHINGTON (Reuters) - Sales of newly built U.S. single-family homes unexpectedly fell to a record low in January, while mortgage demand for purchases hit a 13-year low last week, fanning fears of renewed housing market weakness.

NewYorkTimes |  February 23, 2010After weathering the nation’s worst run of bank failures in nearly two decades, the Federal Deposit Insurance Corporation announced Tuesday that it had added 450 institutions to its list of challenged lenders in 2009 and warned that the industry was likely ...

UKTelegraph | US credit rating at risk "There are ongoing spats between the US and China on so many fronts so you have to assume that this is some sort of implicit threat," said Neil Mellor, a currency expert at the Bank of New York Mellon, who cautioned that it can be hard to read the complex signa...

WASHINGTON (Reuters) - The number of "problem" U.S. banks jumped 27 percent during the fourth quarter of 2009 to 702, the highest level since 1993 and a sign the industry's recovery is still shaky, regulators reported on Tuesday.

businessinsider.com |   Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of t...

noonehastodietomorrow.com |  Can you trust national averages? As bad as the jobless data you hear are, you have not been told the whole truth. If you think the terrible impact of America’s Great Recession is shown by an official unemployment rate of about 10 percent, think again.

Rollingstone | Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash

Reuters | Protesters hold a sign during a rally against government cutbacks for social services in Aurora, Illinois, June 18, 2009. Credit: Reuters/John Gress WASHINGTON (Reuters) - The already gloomy conditions of states' economies are set to worsen, according to preliminary survey findin...

WLWT.com | Hoskins said he's been in a struggle with RiverHills Bank over his Clermont County home for nearly a decade, a struggle that was coming to an end as the bank began foreclosure proceedings on his $350,000 home.   "When I see I owe $160,000 on a home valued at $350,000, and someone d...

blacklistednews.com |  Is the Midwest about to see a massive wave of bank closings?  That is apparently what the FDIC is expecting.  The FDIC is opening up a massive new satellite office in the Chicago area that will be dedicated to managing receiverships and liqui...

GaurdianUK | Recession and the constant threat of terrorist attacks have given new life to the ingrained survivalist instinct Tess Pennington, 33, is a mother of three children, and lives in the sprawling outskirts of Houston, Texas. But she is not taking the happy safety of her suburban existenc...

CBSNNews | South Carolina Rep. Mike Pitts has introduced legislation that would mandate that gold and silver coins replace federal currency as legal tender in his state. As the Palmetto Scoop first reported, Pitts, a Republican, introduced legislation this month banning "the unconstitutional sub...

rithiltz.com | Studies keep showing what we have known for a long time: Fighting foreclosures is a futile — and counter-productive — use of resources. New studies by John Burns Real Estate Consulting and Standard & Poor’s Financial Services conclude that loan mod efforts only serve to delay the...

infowars.com | February 4, 2010About to lose your home? Have you lost your home? Can you make the interest payments on your credit cards? Can you afford to maintain your car, your family’s incidental needs, your children’s health, or even buy enough food, gasoline or heating fuel?