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| Regulators shutter 2 big Calif. banks, 5 others (AP) December 18, 2009 at 9:10 pm |
| Regulators on Friday shut down two big California banks, as well as banks in Alabama, Florida, Georgia, Michigan and Illinois, bringing to 140 the number of U.S. banks brought down this year by the weak economy and mounting loan defaults. |
| Admin. plans $30B in bailout aid for small firms (AP) December 18, 2009 at 7:03 pm |
| The Obama administration is setting aside $30 billion from the financial bailout fund for a range of initiatives designed to encourage lending to small businesses to aid the economic recovery. |
| Banks earned $5.7B in 3Q trading (AP) December 18, 2009 at 3:56 pm |
| U.S. banks earned $5.7 billion trading derivatives and cash investments in the third quarter, as the level of credit risk continued to decline in the global market, a government report released Friday shows. |
| Dollar drags on Wall Street (at FT.com) December 18, 2009 at 1:25 pm |
| Encouraging results from the technology sector failed to keep Wall Street out of the red on Friday as the stronger dollar begun to dominate trading. | | |
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