From A Bank In Ohio That Failed The CRA To A Recap on This Week's Economic Indicators

Here's a recap of government events and news that impacts investors from April 3. 

Which Bank In Ohio Failed The FDIC's CRA?
The FDIC published a list of banks that were evaluated in January. Of all the banks evaluated only one, located in Bellaire, Oh, failed with a rating of "NI" which means "needs improvement". Three banks, however, located in MS, NE, and UT received a rating of "outstanding". To read the full summary click on the link above.


Investment Manager Claiming Deep Pakistani Ties Ordered To Pay $3.5M For Fraud
Residing in Dade County, Florida, 38 year old Haider Zafar stands accused by the SEC of illegally raising over $7.5 million from investors for promissory note agreements. On January 16, Zafar was sentenced to 46 months in prison and ordered to pay $3.5 million in restitution. To read the full summary click on the link above.


In other news, the paper Central Bank Solvency and Inflation

Next week I've got my eye on the following reports. Follow GAFI on Twitter (@CelanBryant) for instant updates as indicators are announced.







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