From The Telegraph: Bank of England says financiers are fuelling an economic 'doom loop' On the eve of the G20 meeting of finance ministers in Scotland, Andy Haldane, the Bank's executive director for financial stability warned that the relationship between the state and banks represents a "doom l ... Read more

From David Leonhardt at the NY Times: Broader Measure of Unemployment Stands at 17.5% Excerpts: Officially, the Labor Department’s broad measure of unemployment goes back only to 1994. But early this year, with the help of economists at the department, The New York Times created a version that ... Read more

From the FDIC: East West Bank, Pasadena, California Assumes All the Deposits of United Commercial Bank, San Francisco, California United Commercial Bank, San Francisco, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insuran ... Read more

Note: This was before the FDIC seized four banks today. This is an unofficial list of Problem Banks. Changes and comments from surferdude808: The steady climb in members on the Unofficial Problem Bank list continued this week despite the failure of the multi-bank holding company FBOP Corporat ... Read more

Whats a "Prosperan"? A breakfast food, car or band? Answer: money pit Looming Gateway Arch Symbol of pioneer spirit Their bank now a ghost. by Soylent Green is People From the FDIC : Alerus Financial, National Association, Grand Forks, North Dakota, Assumes All of the Deposits of Pro ... Re ... Read more

Motor City crash. Home Federal has spun out. Bagholders totaled by Soylent Green is People From the FDIC: Liberty Bank and Trust Company, New Orleans, Louisiana, Assumes All of the Deposits of Home Federal Savings Bank, Detroit, Michigan Home Federal Savings Bank, Detroit, Michigan, was clo ... Read more

"Feds!... Come and Take Them" United Security Sparta Bank is dead. by Soylent Green is People From the FDIC : Ameris Bank, Moultrie, Georgia, Assumes All of the Deposits of United Security Bank, Sparta, Georgia United Security Bank, Sparta, Georgia, was closed today by the Georgia Departmen ... Read more