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Despite The Bad News, Bank Customers Will Find Some Deals In 2009
Despite The Bad News, Bank Customers Will Find Some Deals In 2009

Consumer Banking: Despite the bad news, bank customers will find some deals in 2009
Despite some dire financial predictions for 2009, good news is in store for savvy consumers -- if you have good credit and are proactive at looking for banks’ deals and perks.

Just the facts
Street.com Internet Index 2.7% (down 36.2%), and the NASDAQ Telecommunications index 6.0% (down 43%). The Biotechs gained 4.9% (down 17.7%). The Broker/Dealers rallied 12.1% (down 62.7%), and the Banks rose 7.7% (down 50%). With Bullion gaining $6, the HUI Gold index increased 3.5% (down 26.1%).

FHLBNY Announces Board of Directors Election Results: C. Cathleen Raffaeli, Rev. Edwin C. Reed, and Dr. DeForest B. ...
The Federal Home Loan Bank of New York ("FHLBNY") announced today that Ms. C. Cathleen Raffaeli, Rev. Edwin C. Reed, and Dr. DeForest B. Soaries, Jr., have each been elected by the FHLBNY's members to serve as Independent Directors on the Board of Directors of the FHLBNY commencing on January 1, 2009. This election marks the first time that the FHLBNY's members were able to vote for open ...

Unimaginable collapses became commonplace in 2008
It was a year of record misery: the largest bankruptcy, bank failure and alleged Ponzi scheme in U.S. history; $720 billion in write-downs and losses by financial institutions; $30.1 trillion in market valuation wiped out.

Staggering losses sink investor faith
It was a year of record misery: the largest bankruptcy, bank failure and alleged Ponzi scheme in U.S. history; $720 billion in writedowns and losses by financial institutions; $30.1 trillion in market valuation wiped out.

Faith in markets cracks in 2008
Los Angeles: It has been a year of record misery: the largest bankruptcy, bank failure and Ponzi scheme in US history; $720bn in writedowns and losses by financial institutions; $30.1tn in market valuation wiped out.