BankTracker – Investigating Reporting Workshop
http://banktracker.investigativereportingworkshop.org/

The unprecedented bet that many banks made on mortgages, real estate development and other real estate-related lending during the middle part of this decade has produced a payoff no one imagined just a few years ago — a huge increase in loan defaults, a soaring number of foreclosures and a plunge in bank profits. And now, an analysis of bank financial statements by the Investigative Reporting Workshop and msnbc.com, sheds new light on just how dangerous conditions have become in many banks across the nation. The analysis is based on reports every bank is required to file each quarter with the Federal Deposit Insurance Corp., the federal agency that protects deposits and is part of the bank regulatory system. The Investigative Reporting Workshop, a project of the School of Communication at American University, intends to address this fundamental issue for democracy in two important ways: a) By conducting significant investigative journalism projects on a national and international scale; and b) By researching and experimenting with new models for creating and delivering investigative projects. This has been added to New Economy Analytics, Resources and Alerts Subject Tracer™ Information Blog.