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FDIC: Number of problem banks fell to 865 in Q2
The Federal Deposit Insurance Corp. says there were 865 banks on its confidential "problem" list in the April-June quarter, or roughly 11.5 percent of all federally insured banks. That was down from 888 in the January-March quarter, the first decline since mid-2006. Those are banks considered to have low capital cushions against risk.Insurance Law Limited Extension of Automobile Coverage May Be Ambiguous
An insurance policy that allows automatic extension of insurance coverage for a newly-acquired car for physical damage but not auto liability, and contains no language on how to secure the liability coverage, is ambiguous and should be read in favor of the policyholder, a Northumberland County trial court has ruled.Daily Decision Service Alert: Vol. 19, No. 42 - March 4 2010
Daily decision alert.CEO pay now exceeding pre-recession levels
In the boardroom, it's as if the Great Recession never happened.Weil, Bingham Lead on Oracle's $2.1 Billion Acme Packet Purchase
Oracle Corp. said Monday it has agreed to acquire network communications equipment company Acme Packet in a deal that will help the software giant make the transition to all-IP networks.Trending Stories
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