WASHINGTON - Regulators on Friday shut down Freedom Bank, a small bank located in Bradenton. It was the 17th failure this year of a federally insured bank. ...more

October 31, 2008

Sales of existing homes rose by the largest amount in more than five years in September, a real estate trade group said Friday. The data is a possible glimmer of hope that the housing slump could be starting to bottom out. ...more

October 25, 2008

The gloating didn't last long. A few weeks ago, German Finance Minister Peer Steinbrueck proclaimed that "Anglo-Saxon capitalism" is "finished." Steinbrueck stuck it to the hated Anglo-Saxon capitalists just in time - before he got too distracted by the exigencies of managing a $681 billion program to re-finance distressed German banks. ...more

October 22, 2008

If you get an e-mail from the FDIC saying the federal government is here to help you, don't believe it. ...more

October 13, 2008

Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. ...more

October 11, 2008

Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with its planned takeover of Wachovia's banking operations. ...more

October 7, 2008

NEW YORK (AP) - A battle broke out for control of Wachovia Friday as Wells Fargo signed a $15.1 billion agreement to buy the Charlotte, N.C.-based bank, while Citigroup and the federal regulators backing its earlier deal insisted that Citi's takeover bid go forward. ...more

October 5, 2008

Rep. Ginny Brown-Waite couldn't see much difference between the financial rescue bill she rejected Monday and the one that came to the House floor Friday morning. ...more

October 4, 2008

A battle broke out Friday for control of Wachovia as Wells Fargo agreed to pay $14.8 billion for the struggling bank, while Citigroup and federal regulators insisted that Citi's earlier and lower-priced takeover offer go forward. ...more

October 4, 2008

The Senate strongly endorsed the $700 billion economic bailout plan Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. ...more

October 2, 2008