Archive for February 14th, 2009

EDITORIAL: Cancel Their Ponzi Ticket, Sen. Leahy

EDITORIAL: Cancel Their Ponzi Ticket, Sen. Leahy

Four more U.S. banks failed yesterday. Three failed on the previous Friday. Thirteen have failed year-to-date. To say this is unsettling is to grossly understate the severity of the banking problem and the drag on the U.S. and world economies. Stories about Ponzi schemes and mortgage fraud are in the news daily. The obvious fear […]