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Hybrid securities holders fear nationalisation
Investors worry that the involvement of the government in Britain's banks and the losses the banks are set to suffer will lead to a suspension in coupons being paid on these bonds. As well, if British banks are nationalised, then these securities could be worthless
FT.com

Good Riddance To Greed And Irresponsibility
President Obama needs to use a heavy hand against the economic arsonists who ran our banks into the ground.
Forbes

Some bailout recipients upped lobby spending in 4Q (AP)
Some big banks and an automaker increased the amount they spent to lobby the government late last year even as they received billions from the $700 billion financial rescue program.
yahoo.com

Bank bond investors fear more rescues
Treasury and bank officials meet leading lenders amid nationalisation fears
FT.com

European stocks fall to near six-year low
European shares hit their lowest level for almost six years on Friday after a dismal week that saw heavy selling of bank and insurance shares
FT.com

The Weekender
On FT Alphaville this week,- On Monday, thoughts on the latest bailout package from the UK government.- BoE becomes the bad bank?- Her Majesty's AIG.- And the FSA's sly changes to banks' capital adequacy calculations.- RBS - the world's largest corporation - meanwhile, saw its share price plummet:...
FT.com

Idaho Bancorp Reports Annual Results for 2008 and Receipt of TARP Capital
BOISE, ID--(Marketwire - January 23, 2009) - Today Idaho Bancorp (OTCBB: IDBC) reported a netloss for the year ended December 31, 2008 of ($232,000) or ($0.13)/share,compared to $1,441,000 or $0.78/diluted share for 2007. The largestcontributing factors responsible for these results included a decline inthe net interest margin between 2008 and 2007, an increased provision forloan losses due to a weakening economy, expenses related to managementchanges at Idaho Banking Company, and a favorable tax expense variance.
Marketwire

Australian Dollar May See Extended Losses On Weak Inflation Data
The Australian dollar dropped over 400 pips on the week as troubles in the U.S. and U.K. banking systems fueled risk aversion and led to the unwinding...
Daily FX

Homebanc to add to mortgage operation
A bank announcing plans to hire 15 to 25 loan officers for its home mortgage operation would have gone unnoticed a few years ago, but times have radically changed.
BizJournals

SEC reviewing Steel`s TV comments on Wachovia-WSJ
NEW YORK, Jan 23 (Reuters) - U.S. regulators are probingformer Wachovia Corp Chief Executive Robert Steel over commentshe made on television about his bank the day before it startedtalks about a potential merger, the Wall Street Journalreported late on Friday.
Reuters

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