In Europe this weekend, conditions are being reexamined for bailouts of Greece, Portugal, and Ireland.
In the United States, details came out about enforcement actions against banks for improper foreclosures. There was special emphasis this week on foreclosures against homes of military service members on active duty, where banks utterly ignored the special provisions that apply in those situations.
One Florida bank failed tonight: Coastal Bank, which had its two offices in Cocoa Beach and Merritt Island. The failed bank had $124 million in deposits. The successor is Premier American Bank.