Posted To: Pipeline Press

The Federal Budget and National Debt numbers are so large that it's often difficult to get a grasp of just exactly how much money is being discussed. Hopefully this short film helps . Speaking of unsustainable business models, in 2011, 92 banks failed, compared to 157 in 2010 and 140 in 2009. Meanwhile, the number of banks on the FDIC troubled list fell slightly to 844 at the end of 3Q. While that news is good, some analysts believe that there are still over 200 banks that are in dire need of capital and will likely have difficulty raising it, and expect to see more closures this year. But you may have noticed we haven't seen any Friday bank closures for several weeks. At the other end of the spectrum, there are companies that continue to expand. In Northern California Sierra Pacific Mortgage...(read more)