Banking Woes

| July 23, 2008 

 ========= Old Image Removed =========Array
(
    [_wp_attached_file] => Array
        (
            [0] => 2008/07/bank.jpg
        )

    [_wp_attachment_metadata] => Array
        (
            [0] => a:5:{s:5:"width";i:1024;s:6:"height";i:783;s:4:"file";s:16:"2008/07/bank.jpg";s:5:"sizes";a:12:{s:6:"medium";a:4:{s:4:"file";s:16:"bank-336x257.jpg";s:5:"width";i:336;s:6:"height";i:257;s:9:"mime-type";s:10:"image/jpeg";}s:5:"large";a:4:{s:4:"file";s:16:"bank-771x590.jpg";s:5:"width";i:771;s:6:"height";i:590;s:9:"mime-type";s:10:"image/jpeg";}s:9:"thumbnail";a:4:{s:4:"file";s:16:"bank-140x140.jpg";s:5:"width";i:140;s:6:"height";i:140;s:9:"mime-type";s:10:"image/jpeg";}s:12:"medium_large";a:4:{s:4:"file";s:16:"bank-768x587.jpg";s:5:"width";i:768;s:6:"height";i:587;s:9:"mime-type";s:10:"image/jpeg";}s:9:"wbhm-icon";a:4:{s:4:"file";s:14:"bank-80x80.jpg";s:5:"width";i:80;s:6:"height";i:80;s:9:"mime-type";s:10:"image/jpeg";}s:13:"wbhm-featured";a:4:{s:4:"file";s:16:"bank-800x450.jpg";s:5:"width";i:800;s:6:"height";i:450;s:9:"mime-type";s:10:"image/jpeg";}s:20:"wbhm-featured-square";a:4:{s:4:"file";s:16:"bank-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:18:"wbhm-featured-home";a:4:{s:4:"file";s:16:"bank-407x311.jpg";s:5:"width";i:407;s:6:"height";i:311;s:9:"mime-type";s:10:"image/jpeg";}s:22:"wbhm-featured-carousel";a:4:{s:4:"file";s:16:"bank-347x265.jpg";s:5:"width";i:347;s:6:"height";i:265;s:9:"mime-type";s:10:"image/jpeg";}s:28:"ab-block-post-grid-landscape";a:4:{s:4:"file";s:16:"bank-600x400.jpg";s:5:"width";i:600;s:6:"height";i:400;s:9:"mime-type";s:10:"image/jpeg";}s:25:"ab-block-post-grid-square";a:4:{s:4:"file";s:16:"bank-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:14:"post-thumbnail";a:4:{s:4:"file";s:16:"bank-125x125.jpg";s:5:"width";i:125;s:6:"height";i:125;s:9:"mime-type";s:10:"image/jpeg";}}s:10:"image_meta";a:12:{s:8:"aperture";s:1:"0";s:6:"credit";s:0:"";s:6:"camera";s:0:"";s:7:"caption";s:0:"";s:17:"created_timestamp";s:1:"0";s:9:"copyright";s:0:"";s:12:"focal_length";s:1:"0";s:3:"iso";s:1:"0";s:13:"shutter_speed";s:1:"0";s:5:"title";s:0:"";s:11:"orientation";s:1:"0";s:8:"keywords";a:0:{}}}
        )

    [_imagify_optimization_level] => Array
        (
            [0] => 1
        )

    [_imagify_data] => Array
        (
            [0] => a:2:{s:5:"stats";a:3:{s:13:"original_size";i:383974;s:14:"optimized_size";i:144743;s:7:"percent";d:62.299999999999997;}s:5:"sizes";a:10:{s:4:"full";a:5:{s:7:"success";b:1;s:8:"file_url";s:44:"https://news.wbhm.org/media/2008/07/bank.jpg";s:13:"original_size";i:227900;s:14:"optimized_size";i:52126;s:7:"percent";d:77.129999999999995;}s:9:"thumbnail";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-140x140.jpg";s:13:"original_size";i:5616;s:14:"optimized_size";i:4187;s:7:"percent";d:25.449999999999999;}s:6:"medium";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-336x257.jpg";s:13:"original_size";i:14514;s:14:"optimized_size";i:9178;s:7:"percent";d:36.759999999999998;}s:5:"large";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-771x590.jpg";s:13:"original_size";i:53510;s:14:"optimized_size";i:28042;s:7:"percent";d:47.590000000000003;}s:9:"wbhm-icon";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:13:"wbhm-featured";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-600x338.jpg";s:13:"original_size";i:25822;s:14:"optimized_size";i:14477;s:7:"percent";d:43.939999999999998;}s:20:"wbhm-featured-square";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-300x300.jpg";s:13:"original_size";i:17134;s:14:"optimized_size";i:11456;s:7:"percent";d:33.140000000000001;}s:18:"wbhm-featured-home";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-407x311.jpg";s:13:"original_size";i:19393;s:14:"optimized_size";i:12041;s:7:"percent";d:37.909999999999997;}s:22:"wbhm-featured-carousel";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-347x265.jpg";s:13:"original_size";i:15178;s:14:"optimized_size";i:9545;s:7:"percent";d:37.109999999999999;}s:14:"post-thumbnail";a:5:{s:7:"success";b:1;s:8:"file_url";s:52:"https://news.wbhm.org/media/2008/07/bank-125x125.jpg";s:13:"original_size";i:4907;s:14:"optimized_size";i:3691;s:7:"percent";d:24.780000000000001;}}}
        )

    [_imagify_status] => Array
        (
            [0] => success
        )

)
1635888659 
1216771200
 It’s been a sour housing market of late with rising mortgage defaults and consumer debt. And big banks have been feeling the hurt too. Birmingham’s Regions Financial reported second quarter profits are down by more than 50% and cut their dividends by an even higher percentage. Charlotte, N.C.-based Wachovia had losses approaching $9 billion and is cutting more than 6,300 jobs nationwide, including some jobs in Alabama. Former Wachovia CEO Ken Thompson was also a casualty in that company’s financial woes. WBHM’s Steve Chiotakis spoke with John Kottmeyer, an economics professor at Samford University’s Brock School of Business about the sour news and what to expect in the future.
 

 

Trump and Harris make last-minute stops in North Carolina

Vice President Harris and former President Donald Trump are making stops in North Carolina — a state that has been red since 2008 — as the campaigns race toward Election Day.

Citing the pandemic, TGI Fridays files for bankruptcy

The casual dining chain, which saw dozens of its U.S. restaurants close this year, said its financial woes stem from the coronavirus pandemic.

Satellite images show the devastation from Spain’s deadly floods

The images show a devastating transformation of eastern Spain, where at least 205 people have been killed by flash floods.

U.K. Conservatives pick Kemi Badenoch as their party’s new leader

The party elected Kemi Badenoch as its new leader as it tries to rebound from a crushing defeat that ended 14 years in power. She is the first Black woman to lead a major British political party.

Chef Edward Lee reflects on ‘Culinary Class Wars’, identity and his next chapter

After three decades in Southern cuisine, Lee's next culinary chapter explores Korean American cooking, moving beyond traditional recipes and fusion concepts.

Iran’s supreme leader threatens Israel, U.S. with ‘crushing response’ to Israeli attack

Iran's supreme leader threatened Israel and the U.S. with “a crushing response” over attacks on Iran and its allies. The Pentagon said Friday that more U.S. forces would be coming to the region.

More Economy Coverage