More banks are in trouble than just three months ago according to the FDIC.
Why the banks need stronger medicine
The latest round of government help for Citi buys the troubled bank some time. But the financial sector will need much stronger medicine before a recovery can get under way.
Big banks get crushed
Bank stocks plunged again Thursday with some of the biggest names in the industry falling to their lowest levels in more than a decade. It's anybody guess when the selloff will end.
GMAC seeks bailout
GMAC Financial Services announced Thursday that it is seeking a capital infusion from the government and trying to access the $700 billion set aside for a bailout of banks that its parent...
Treasury doles out $33.6 billion to 21 banks
The U.S. Treasury said Monday that it has dispersed $33.56 billion to 21 banks in a second round of payments as part of the $700 billion bailout program designed to recapitalize the nation's...
Banks must start lending
The head of the Senate Banking Committee Thursday said banks receiving money as part of the $700 billion federal bailout must step up their lending to consumers and businesses.
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