"MUNCIE -- With $250 billion up for grabs, Indiana banks might be expected to be eager for a piece of the federal bailout pie."
Indiana's banks -- which for the most part were not hit hard by financial failures like the subprime mortgage crisis -- are typical of those monetarily healthy banks applying for TARP funds. Those banks became eligible after the government created a category -- the Capital Purchase Program -- for banks not in danger of failing.
Puerto Rico: Our Unrepresented Territory to the South - Puerto Rico is suffering. Like a lot. 3.4 million Americans have been without power for 5 days and the prospect of getting the electric grid up and running...
3 hours ago