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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

The second quarter 2009 Quarterly Banking Profile has some interesting charts and facts that inquiring minds will be interested in.Insured Institution Performance Higher Loss Provisions Lead to a $3.7 Billion Net LossMore Than One in Four Institutions Are UnprofitableCharge-Offs and Noncurrent L ... Read more

What makes capitalism work is competition among firms. Firms that can deliver value replace firms that can't, resulting in increases in worker productivity, which is the basis for increases in our standard of living . But when governments bail out poorly managed firms, productivity stagnates ... Read more

Another Bank Failure Friday tease ... BankUnited has apparently halted efforts to find a buyer or raise capital according to TheDeal.com (ht Brian) citing unnamed sources. According to the story, the move suggests the FDIC is preparing to seize BKUNA. ... Read the full post ... Read more