Kentucky Banks Weathering Financial Storm Well

From Kentucky Public Radio’s Tony McVeigh Kentucky banks appear to doing a pretty good job of weathering the financial meltdown that led to one of the worse recessions in U-S history. A first quarter profitability survey conducted by the Federal Deposit Insurance Corporation, or FDIC, ranks Kentucky banks eighth in the nation. Kentucky Financial Institutions… Continue reading Kentucky Banks Weathering Financial Storm Well

Local Economist Says Financial Markets Far From Stable

A University of Louisville economics professor says financial news this week from Wall Street doesn’t bode well for the country as a whole. Professor David Dubofsky says most people may not be directly affected by news this week of the bankruptcy of Lehman Brothers or the government bailout of insurer AIG. But those two developments… Continue reading Local Economist Says Financial Markets Far From Stable