-
Milwaukee Home Sales Show Promise
Posted on May 11th, 2009 No commentsHome sales in the metro Milwaukee area fell about 2 percent in April, the smallest monthly drop so far this year but not quite a clear sign that an upturn in the housing market is imminent, according to the Milwaukee Journal Sentinel.
-
Community Banks ‘Too Small to Risk Embarrassment’
Posted on May 11th, 2009 No commentsIt’s unlikely that any group of professionals is happier to highlight the dullness of their work than small-town bankers. Forget “too big to fail.” These banks consider themselves too small to risk embarrassment, The New York Times writes.
-
Baraboo Bank Puts TARP Money to Work
Posted on May 11th, 2009 No commentsBaraboo Bancorp Inc. has earmarked all of its $20.7 million in TARP money for loans for homes, cars, businesses and farms. “The loan demand out here is crazy,” CEO Merlin Zitzner told the Chicago Tribune. “We’ve had to hire five or six loan processors because we’re helping hundreds and hundreds of people refinance their houses.” Read the article.
-
U.S. Bancorp Begins $2.5B Stock Sale
Posted on May 11th, 2009 No commentsMinneapolis-based U.S. Bancorp began a $2.5 billion stock sale and told investors it intends to pay back the federal government’s $6.6 billion bailout under the Capital Purchase Program, the Business Journal of Milwaukee reported.