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The U.S. Federal Reserve said American Express could become a bank holding company. Like Morgan Stanley and Goldman Sachs before, now American Express may issue government guaranteed bonds through June 2012.
The companies can also apply to receive aid from the $700 billion bailout rescue package …

I have watched several housing markets decline so fast my head spins, but I have also watched our housing market incline at a dizzying rate also. A small 2 bedroom house in a college neighborhood has gone from $86,000 to $110,000 in 2 years.
We …

The FBI is starting an investigation into IndyMac about home loan fraud. (as of right now) No one knows when the FBI started their inquest, but I am pretty sure it started around the time the government seized the bank.
The FBI doing an inquest …