Bank Failure - Don't Panic

The following article written by Ben Rooney describes various banks that have failed during the year. Americans’ feelings toward bank failure can lead to negative thoughts and panic situations. However, I feel that everyone should feel a sense of security with the Federal Deposit Insurance Corporation. The government has extended security with increasing the amount insured up to $250,000. I believe that after reading this article it also, creates banking opportunities by letting banks purchase other failed banks.

http://money.cnn.com/2009/12/11/news/economy/bank_failure/index.htm

President Obama and Bank Executives Meet Soon

In this article Colin Barr informs readers of a meeting that is going to place between various bank executives and President Obama. Both parties’ viewpoints are represented in the article. President Obama is focused on having banks create more opportunities for Americans to receive loans. Banks are hesitant towards this idea due to the fact of trying to increase capital. I believe banks are being very careful when lending to Americans to avoid previous mistakes but we are not going to get out of this terrible economic state without risks.

http://money.cnn.com/2009/12/12/news/economy/obama.banks.fortune/index.htm