February 23, 2010
According to the FDIC, over 700 banks are currently at risk of going under, a huge jump over the last three years, and a bit of a shocker given the size of the federal stimulus. The FDIC has already shuttered 20 banks this year, and there is no sign that things will improve in the [...]
Read the full article →
August 20, 2009
Under the Cash for Clunkers program, dealers give buyers an instant rebate, then the dealer gets compensated by the government. The government is currently overwhelmed by the number of dealer requests and is having problems processing the requests quickly.
As a result, some dealers have pulled out of the program entirely. But there are plenty of [...]
Read the full article →