DOVER, Delaware (GlossyNews) – Justice Department investigators confirmed today they are considering possible fines and other penalties against several of the United States’ largest financial institutions for the murders of hundreds of homeowners delinquent in their mortgage payments.

The Justice Department responded to complaints from families of recent murder victims claiming to receive billing statements from the deceased’s mortgage companies demanding payment for “ammunition services,” “break-in and terrorizing administrative charges,” and “blood removal and dry cleaning fees,” among other charges related to “Mortgage Remediation Services.” Read the full story

Jackson Hole, WY (GlossyNews): Mired with increasing signals of an unexpected economic slowdown and the possibility of a double dip recession, the Federal Reserve announced a series of “unconventional” programs it is prepared to undertake in order to stabilize the economy. Standing prominently among various initiatives including further quantitative easing, maintaining record law interest rates, and increased buying of sovereign dept, the Federal Reserve plans to begin selling a full line of vitamin supplements are part of a multi-level marketing campaign. Read the full story

New York, NY (BNSE) — Expectations for significant economic growth are foreseen in the second half of 2010, according to a blue ribbon panel of financial, economic, and business leaders. Despite uncertain global economic conditions plagued by mounting international sovereign debt, the panel concludes “substantial upside potential in nontraditional markets which could lay the groundwork for future economic improvements into the first and second quarters of 2011.”

In the panel’s report, several non-traditional and emerging markets were showcased as a guide to savvy investors looking to diversify their portfolios into a higher growth potential orientation while maintaining a more conservative risk exposure. Read the full story

BEDFORD FALLS, IN (GlossyNews) — Five more financial institutions were closed this week by federal regulators, bringing the total number of U.S. failed banks this year to 140, the Federal Deposit Insurance Corporation said. OneWest Bank was the first casualty of the morning. More surprising was the announcement that officials had seized the assets of and shuttered the Bailey Savings & Loan in Bedford Falls. Read the full story

High society is really taking a beating in this economic crisis. The scores of trophy wives who have been left to fend for themselves by husbands caught in the unfortunate outing of greed and corruption on Wall Street are not taking their fall from status lying down—well, maybe they’ll take it lying down if the opportunity presents itself—anyway, there are many former well-to-do women out there who, because of the recent convictions of their high profile spouses, have begun to wonder, “will I ever shop at Gucci again?” Read the full story