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
        )

)
1661080007 
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.
 

 

The National Guard has been deployed to enforce the law before. What’s different now?

The National Guard has been deployed many times historically. Experts say the president's decision to deploy the Guard as a blanket response to crime in D.C. is a departure from its intended mission.

Try this when your doctor says ‘yes’ to a preventive test but insurance says ‘no’

Health insurance wouldn't cover one child's hearing tests. Reporters with Health Care Helpline investigated and share this advice for what to do if preventive care gets denied.

Are ‘COVID kindergarteners’ ready for school?

More than 3.6 million children born in 2020 amid the COVID-19 global pandemic are walking into elementary schools across the country this fall.

A ‘black moon’ will appear in the sky this weekend, but you won’t see it. Here’s why

A black moon is a type of new moon, when the moon is nearly between Earth and the sun.

African Union backs campaign to replace Mercator map that distorts Africa’s size

Organizers behind the Correct The Map campaign say the Mercator map's shrinking of Africa minimizes the continent's global influence — and is just plain inaccurate.

Living in the shadows: Stateless people face unique perils during Trump’s crackdown

An estimated 218,000 people in the U.S. are stateless or are at risk of becoming so. As a result of President Trump's aggressive policies, people without any citizenship are more vulnerable than ever.

More Economy Coverage