-Fueling further fears that OMG the FDIC could run out of money, the ninth bank this year went under this week. The Kansas-based Columbian Bank and Trust Company, which had $752 million in assets and $622 million in deposits as of June 30, was shuttered by regulators. This story isn't over yet, though. More banks appear to be in danger of closing as well. Stay tuned.
-Vudu, a movie download start-up, looks like it may be on the brink of going under. They laid off nearly 25% of their employees this week, and ousted their CFO. This comes on the heels of the company drastically cutting the costs of its set-top boxes and offering 0.99 cent movies.
-Travel site TripHub annouced this week that they're shuttering their doors. The group-oriented travel site launched in September 2006, but it appears that they were unable to get the funding they needed to stay afloat. On their blog they note, "At the end of the day, despite a well-received, market-leading product and early success with strategic partners such as Orbitz and Alaska Airlines, we simply ran out of money to continue executing on our vision."
-Cadence Innovation, an auto parts supplier, filed for chapter 11 bankruptcy this week. They say the rising cost of goods and the declining demand for large vehicles and SUVs contributed to their fall. The company, which has offices domestically and the Czech Republic says they plan to sell the U.S. arm of the business.
-In perhaps the weirdest flop of the week, Canadian company Zoom Airlines closed so abruptly that they actually left hundreds of passengers stranded yesterday. Fliers in Alberta, Nova Scotia, and Scotland found themselves in a bind when baggage handlers refused to unloads planes because of unpaid invoices. The company's founders say that they ran out of money, but they're working to secure a refinancing package. Despite that, we're guessing the may have lost a few customers...

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