Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Central States Mortgage Begins Liquidation
Posted on March 28th, 2009 No commentsMortgage banker Central States Mortgage Co., which closed its doors March 9, has voluntarily filed for receivership and plans to liquidate its assets, the Business Journal of Milwaukee reported.
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Columnist Takes Aim at Treasury Plan
Posted on March 28th, 2009 No commentsNotable economists say the Treasury’s new plan to buy toxic assets is a gimmick that allows speculators to use taxpayer money to buy and sell toxic assets for a potential profit. They’re right, says Ray Unger, chairman of Forward Investment Advisors in Madison, in a Capital Times column.