OCT 1, 2007 1:00am ET

NetBank Goes Under in Biggest Failure Since '93

The OTS announced Friday that it had closed NetBank and appointed the FDIC as the receiver for the $2.5 billion-asset Alpharetta, Ga., thrift.

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Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?

Yes. Facebook Credits threatens to cut off banks from transactions and customer data.

12%

No. A system the enables users to pay for online games and page upgrades is a harmless niche.

32%

Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.

56%

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