Hourly Update

" Please show your card I have your headlines for you realize now. Well there's been a sad milestone for the US banking industry more than 100 banks have now filed this year or seven small banks were -- yesterday. Bringing the total to 106. Failures this year. That's the most of failures since a 181. Banks closed in 1992. -- to make matters worse dozens of bags are teetering on the brink of collapse and could close any week now. Meanwhile President Obama is asking banks. They're weathering the storm to lend more to small businesses. It his weekly address the president says to many small business owners have been unable to get the credit they need. These are the very taxpayers who stood by America's banks in a crisis and now it's time for -- banks to stand by credit worthy small businesses. And make the loans they need to open their doors grow their operations and create new jobs. The president says his administration will take every appropriate -- to encourage banks to lend although he did not specify what those steps are. The FBI has now joined the search for -- Virginia college student who vanished a week ago outside a rock concert. Morgan Harrington was last seen near the University of Virginia concert arena. The twenty year old became separated from her friends and was denied reentry under the policy of the arena where the concert was held. And the mother and that's it sure old Colorado boy otherwise known as -- boy. Now admits according to the sheriff that the whole thing was just a hoax court documents also showing that -- Says if she and her husband came up with a scheme -- an effort to make the family more marketable. In their alleged pursuit of some type of reality show the family had previously appeared on two episodes of wife -- Some of the most serious charges in the case each carry a maximum sentence of six years in prison. That was what she says that's her -- so I immediately and he was hiding because they told they met in acting school in Hollywood."