170 pages of documents to lower your interest with the lender that you're already with.  This industry has lost its mind. 

JP Morgan's Two Billion Dollar Loss

Chase CEO Jamie Dixon admits to a "flawed, complex, poorly reviewed, poorly executed and poorly monitored" trading strategy that lost 2 billion dollars.  What's truly frightening is that the losses were a result of derivatives trading.  If that sounds familiar, it should.  Derivatives trading is what triggered massive financial losses and wiped banks off the planet during this financial crisis.  Are we doomed to repeat past failures?

Huntington Bank Joining With Meijer To Add 100 Branches

Huntington Bank is continuing its aggressive growth in Michigan.  Last month, Huntington acquired 15 Fidelity Bank branches in Michigan.  And today, Huntington announced plans to open branches in all 100 Meijer stores, more than doubling their current offices.  The full service branches will be open 7 days a week, with the first 20 slated to open this year.  Huntington implemented a similar plan in its home state of Ohio, opening more than 100 branches in Giant Eagle supermarkets.