By Larry Doyle on Mar 5, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Economy, Insurance Policies & Industry, Mortgages, Retail Businesses | View Comments
In very short order, the FDIC (Federal Deposit Insurance Corporation) has seen its reserves plummet from $50 billion to $18.9 billion at the end of 2008. At that pace and with the expectation of more bank failures, could this bedrock of our national banking system go broke? Well, FDIC’s Bair Says Insurance Fund Could Be [...]
By Larry Doyle on Jan 18, 2009 in American Consumers, Auto Industry, Banking Institutions, Ben Bernanke, Current Affairs, Economic Stimulus, Economy, Hank Paulson, Obama Administration, Obama's Cabinet, Real Estate, Retail Businesses, TARP, Tax stimulus package, Unemployment, Workers | View Comments
(bumped up by Susan || Larry’s latest radio show will be available via BlogTalkRadio and through subscription to iTunes [see our instructions in the right column, down about a screen], which you can download to your iPod.) It was only a matter of time before the losses embedded in our banking system caught up and [...]
By Larry Doyle on Jan 17, 2009 in American Consumers, Auto Industry, Banking Institutions, Bernie Madoff, Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Infrastructure, Insurance Policies & Industry, Real Estate, Retail Businesses | View Comments
The station is filling up as the weather outside is getting very blustery. The markets and economy remain turbulent. Economies overseas are also in the midst of stormy weather. Banks are flooded with bad loans. The auto industry is praying for an Obama lifeline! Residential housing and commercial real estate continue to take on water. [...]
By Larry Doyle on Nov 11, 2008 in American Consumers, Banking Institutions, Barack Obama, China, Credit Card Companies, Current Affairs, Dubai, Economic Stimulus, Economy, Mortgage Crisis, Real Estate, Retail Businesses, Workers | View Comments
I will admit that, given the current dynamics at work in the economy and the markets, I have become somewhat numbed as to the magnitude of some of the developments. Many of the highlights that I will offer from yesterday’s news would be enormous stories in and of themselves. Taken collectively, they do become overwhelming [...]
, the basis for the Best Motion Picture Nominee (Golden Globes) starring Brad Pitt.
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