Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. ...more

October 24, 2009

The Obama administration's latest attempt to tackle the banking crisis and get loans flowing to families and businesses will create a new government entity, the Public-Private Investment Program, to help purchase as much as $1 trillion in toxic assets on banks' books. ...more

March 23, 2009

Federal regulators now say the nation's banks lost $32.1 billion in the final quarter of last year, even worse than the $26.2 billion reported last month. ...more

March 21, 2009

These days, you access an ATM at the grocery, the pharmacy, the gas station, the hardware store, the office, even the ballpark. You can check your Bank of America balance on your iPhone. You can text Chase, and Chase will text you back. ...more

February 22, 2009

With land prices tanking, environmentalists say now is the time to pounce on a depressed real estate market to preserve thousands more acres for wildlife, water protection and quality of life. ...more

October 18, 2008

UserNameCheck.com When you think up that perfect new handle for storming social networks and other registration-only sites across the Web, run it through UserNameCheck.com first. The application's purpose is simple: to tell you whether that name is already in use at a pretty impressive list of sites, from Delicious and Digg to eBay and Xbox Live. The list of checks can take some time, so grab a cup of coffee. ...more

October 6, 2008

We have created a global financial crisis that affected financial institutions worldwide. ...more

September 30, 2008

The FDIC's agreement to share potential multibillion-dollar losses on Wachovia Corp.'s mortgage loans with buyer Citigroup Inc. is a way for the government to ensure a solution at the least cost to taxpayers, banking experts say. ...more

September 30, 2008

The stock market plummets, investors pull out money and loans dry up, triggering global financial turmoil. Enter the government, buying up bad mortgages and other problem assets. ...more

September 22, 2008

U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. ...more

August 28, 2008