Regulators Seize Two Large Credit Unions: U.S. Central and WesCorp

http://www.calculatedriskblog.com/2009/03/regulators-seize-two-large-credit.html

Along with three banks taken down this weekend. Looks the FDIC is busy.

Must read of the day Geithner's Latest Giveaway

http://www.businessinsider.com/henry-blodget-krugman-fumes-about-geithners-latest-giveaway-2009-3

Congress continues to cause problems for Obama on Trade

http://online.wsj.com/article/SB123723192240845769.html

U.S. credit card defaults rise to 20 year-high

http://www.reuters.com/article/hotStocksNews/idUSTRE52F75620090316

More signs of strain and GE repoted they expect very high charges offs for the full year.

Lite posting to continue next week

Another busy week in Mexico.

AIG and Counterparties disclosed

http://www.cnbc.com/id/29709069

Big European Banks Benefit from AIG Bailout

Hmm did we save europe or delay the crisies?