Money—More of a Concept than You Might Realize

When Banks Fail
According to the FDIC and other sources, the number of bank failures now exceeds 100. The latest closures included four small- and medium-sized banks in Florida and Georgia: Partners Bank and Hillcrest Bank, both of Naples, FL; Flagship National Bank, Bradenton, FL; and American United Bank, Lawrenceville, GA. [...]

Bank closings are slowing, despite the fact that more banks are in trouble than ever. The FDIC hopes to instill consumers with confidence. (Photo: flickr.com)

Citigroup Pursuing Customers for Mortgage Loan Modification

Citigroup looking for applicants
Homeowners looking for mortgage loan modification programs are encouraged by Citigroup to apply with them. Many homeowners are finding that their mortgage payments are unmanageable due to the recession. Many are falling behind, or at risk of doing so in coming months. Citigroup is one lender that [...]

NYC - TriBeCa: Smith Barney-Citigroup Building