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    Taipan Daily: Three Ways to Tell if Your Bank Is Safe

    By Guest Editorial, Money Morning - September 23, 2010

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  • Taipan Daily: Three Ways to Tell if Your Bank Is Safe
  • Money Morning Mailbag: Big Banks Under Fire for Metals-Market Manipulation
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Taipan Daily: Three Ways to Tell if Your Bank Is Safe

By Guest Editorial, Money Morning - September 23, 2010

Late Friday evening, the Associated Press announced that six banks in Georgia, Ohio, New Jersey and Wisconsin were closed down by regulators: The Federal Deposit Insurance Corp. on Friday took over the Georgia banks: Bank of Ellijay, in Ellijay, with $168.8 million in assets; First Commerce Community Bank of Douglasville, with $248.2 million in assets; […]

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Money Morning Mailbag: Big Banks Under Fire for Metals-Market Manipulation

By Kerri Shannon, Associate Editor, Money Morning - July 9, 2010

A New York Post article in May reported that the Department of Justice had launched an investigation into the supposed metals-market manipulation by JPMorgan Chase & Co. (NYSE: JPM).

The article alleged that JPMorgan, which holds a number of derivatives in precious metals, attempted to lower the price of silver for its own profit. JPMorgan was quick to issue a response, stating there was no criminal or civil investigation into the company's silver trading practices.

But as word spread around the Web, readers' comments poured in with concerns over the news:

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