Today’s New York Times online DealBook section announced that the private equity fund, North American Financial Holdings, bought 3 failed banks….
North American Financial Holdings, run by the former chief of Bank of America’s investment banking unit, bought three failed United States lenders, as the number of banks taken over by the Federal Deposit Insurance Corporation [...]

[Read more →]

A few weeks ago we ran an article about the fact that there are too many banks located in Aventura, FL – Aventura, Where there’s a bank on every corner. Well, this past Friday there’s one bank less in Aventura. Visit their website and you’ll see the facts – turnberrybank.com “On Friday, July 16, 2010, [...]

[Read more →]

Most of us have heard about the aggressive strategy of Starbucks Coffee to be located on every corner. In fact, there’s even a street corner in New York City where there’s a Starbucks across the street from a Starbucks. As comedian Lewis Black puts it in this video, “Maybe there are too many Starbucks!”

[Read more →]