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Dec. 5, 2012

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Ignore the Bickering   

Kari Not surprisingly, the debate on whether large banks receive unspoken guarantees of government help in times of trouble continues. This argument may continue forever - or at least until the next financial crisis. Unfortunately, I think most people are already tired of hearing it. Fortunately, there are others in the industry avoiding the bickering and instead presenting practical methods for ending TBTF. Read more>>    

FDIC-Insured Institutions Earned $37.6 Billion in the Third Quarter of 2012
More than half of all FDIC-insured commercial banks and savings institutions (57.5 percent) reported improvements in their quarterly net income from a year ago. Read more>>

Travelers Study Reveals Offline Methods Are Top Causes for Identity Fraud Claims   

Despite increased adoption of online shopping, mobile payment and banking apps, offline methods are the top known causes of identity fraud, according to a new study from Travelers. Read more>>
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Socially Poignant: The Fiscal Cliff     

Here is a quick look at what the social media realm is saying about the fiscal cliff. Read more>>
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Beige Book: Economic Activity Expands at "Measured" Pace
Among key sectors, consumer spending grew at a moderate pace in most districts, while manufacturing weakened, on balance. Seven of the 12 districts reported either slowing or outright contraction in manufacturing, and two others gave mixed reports. Read more>>

Consumer Confidence Index at Highest Level Since February 2008  

The index now stands at 73.7 (1985=100), up from 73.1 in October. Read more>>
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