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After State Farm revealed plans Tuesday to withdraw from the property insurance market in Florida, its customers wasted no time in searching for new coverage. ...more
January 29, 2009
Thain Resigns From Bank Of America NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp. ...more
January 25, 2009
The major banks are a mess. New-home construction has nearly stopped. A flood of foreclosed homes has driven prices to rock-bottom levels. ...more
January 25, 2009
The past several months have brought a new emotion into every home in America: fear. Fear that this economic meltdown will expose the core truth of a consumer society; a truth foretold in the old Southern expression, "Pigs get fed; hogs get slaughtered." ...more
January 25, 2009
Kimberly Matlock was about to lose her Illinois home to foreclosure when a shiny flyer from Clearwater arrived in her mailbox. ...more
January 25, 2009
Wall Street bonuses apparently have cost former Merrill Lynch & Co. Chief Executive John Thain his new job at Bank of America Corp. ...more
January 24, 2009
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