The FDIC's failed bank list has now officially exceeded 100 institutions for 2009.

In all the talk about bailouts, markets, toxic assets and government intervention heard in the media, none of the pundits or media moghuls have noticed that there isn't a real cure, only band-aid solutions. Let's look at a cure.

As the economies of the world suffer grave consequences of bank crises and global deleveraging, a major threat is rising, not so quietly.

The crunch is complicating restaurants' economic difficulties beyond a shortage of diners, experts say.

The United States is coming out of Phase I of the present economic crisis just at a point where a new and greatly popular President will take office. Where will the economy take us?

Is the American public ready for the disappearance of Ford, General Motors and Chrysler? Certainly they are ready to see the back of the Big Three senior executives.

Monday, the Business Cycle Dating Committee at the National Bureau of Economic Research (NBER) determined that a U.S. recession is underway and that it began following a December 2007 peak. We predicted it in July 2007. What took them so long?

The prognosis for a positive and quick recovery of the capital and credit markets heard recently on any variety of news outlets is fundamentally, hearsay. The truth, in the end, will prevail, but it’s scary, at best.

Just like the request for the TARP legislation, Congress seems pushed and harried into a decision not best thought out by the parties concerned. Here, we offer an alternative.

He's not a plumber, but for years, he's been the fixit guy in the Senate. Joe Lieberman is on everyone's list these days. That may not be a good thing.

Today, former Federal Reserve Chairman Alan Greenspan told the House Committee on Oversight and Reform that our economy is in "in the midst of a once-in-a century credit tsunami."

Yesterday, after extensive deliberation with economists in the United States and Europe, The Epicurus Institute proposed to Congress an alternative to the Paulson Bill, which is now expected to fail once more in the House.

Welcome to the Great Depression 2.0: this century’s climactic reaction to the “irrational exuberance” of the last half century and the mindless credit system of the United States and indeed, the world.

The present economic crisis affecting the Nation will soon become a global economic depression. While few economists are willing to say so, the simple fact is that investor confidence, and indeed interbank confidence is shaken to its foundations.

In 1994, Nick Leeson, a trader in Baring Bank’s Singapore office began trading in derivatives based on index futures. His unauthorized actions were the cause of the collapse of Barings Bank, one of Britain’s oldest financial institutions, founded in 1762.

Dr. Angelone suffers a minor stroke.

We've found that the current economic crisis has so many negative components that it justifies a new term: Vorteconomics.

The Federal Reserve, in what can only be described as an extremely rare weekend action, boldly moved Sunday night to provide lower the discount rate from 3.5% to 3.25%, along with additional actions to provide cash to Wall Street investment houses that may be financially squeezed. The unique action intended to prevent a spreading credit crisis from crushing the American economy.

Early this morning, the Federal Reserve Bank lowered both the market rates and discount rates in an emergency move to stave off an anticipated major sell off in the markets.

Long before the political season began, the topic of the Iraq and Afghan wars were top of the chart in the political discussion of the nation. As the candidates announced, each came out with a public position on the matter, pro or con.

Pakistani President Pervez Musharraf has told the Singaport Straits Times that US forces are not welcome in Pakistan in their hunt for Osama Bin Laden or any other Al Qaeda leaders. He made it extremely clear that the US military mission would be unwelcome and "against the sovereignty of Pakistan".

Senators Hillary Clinton and John McCain won the New Hampshire primaries for their parties.

Senators Christopher Dodd (D - Conn) and Joe Biden (D - Del) have withdrawn from the Presidential race after significant losses in Iowa.

Defining human collateral, we refer to it as the effort a business owner and those working with or for him or her put into the operation of an enterprise, whether that entity be new, acquired or inherited.

Lending to small businesses without a business plan is risky business.

The economy today is in oddly similar conditions to that of 1928-29 before the New York Stock Exchange crash of October 29th, 1929.

The assassination of Benizir Bhutto in Rawalpindi, Pakistan recently has sent economic, political and financial ripples throughout the world.

In the world of food and beverage, government is a willing, though sometimes disinterested party to the marketing and growth of agribusinesses.

In an important article in the Louisville-Courier's Sunday Business section, our Chairman, Robert Angelone, has been quoted on the subject of international pizza chain expansion.

Making the choice between one country or another to decide where your company will expand is not an easy task for any business leader. One must weigh issues such as marketshare, costs required to set up your business in that country and so many other factors that it becomes overwhelming.