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

Detroit, MI (GlossyNews) — The citizens of the United States today in a mass movement became the largest bank in the world. Strapped with the responsibility of saving huge financial institutions from insolvency and the auto industry as well as a number of other enterprises, the public finally collectively decided to incorporate themselves.

Demanding a return for their hard-earned taxes, the people insisted that the institutions pay an interest rate of 15% Read the full story