Tag Archives: USA
Another American bank fails: Lehman Brothers
After the nationalization of the two U.S. banks, the government seems to have closed the door to requests for help. A major U.S. bank Lehman is bankrupt and it brings back a lot of problems. The bank was one of the largest banks with investments in subprime mortgages and for this reason had to close [...]
Full StoryTwo other failed banks in the U.S.
The financial crisis is becoming more serious and two other banks in the United States have declared Bankruptcy. The First National Bank of Nevada and First Heritage Bank.
With these two banks are 7 bankruptcies registered in the U.S. this year. Unfortunately, with the mortgage crisis the banks are unable to find the credit necessary to [...]
