Day October 24, 2008

It’s another Bank Failure Friday

The Alpha Bank & Trust of Alpharetta, GA is officially kaput with Stearns Bank named as receiver. It is the sixteenth bank to be taken over by FDIC this year, who generally announces closures on Fridays after markets have closed.

These are the words of a political operative

McCain volunteer Ashley Todd tells the police she’s “upset with the media for blowing this into a political firestorm.” I’m not saying Todd is an operative. But those are not the words of a political innocent with an apparent history…