Personal Finance Advice and Commentary

Jim Wigand has a too-big-to-fail job. As of Dec. 31, 2010, the former deputy director for franchise and asset marketing at the Federal Deposit Insurance Corp., or FDIC, became the new director of the Office of Complex Financial Institutions, or CFI, also at the FDIC. The CFI was created in August 2010 to help the

143 That’s the total number of U.S. banks that the Federal Deposit Insurance Corp. has sold off, wound up or closed so far this year. The most recent additions to the list of failed banks, announced Nov. 5, were: • K Bank (assets: $538 million) in Randallstown, Md. • Pierce Commercial Bank ($221 million) Tacoma,