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Cathay General Bancorp (NASDAQ:CATY), the holding company for Cathay Bank, recently announced results for the third quarter of 2010. Improved profitability – Third quarter net income was $17.3 million compared to net income of $1.9 million in the second quarter of 2010 and compared to a net loss of $17.7 million in the same quarter a year ago.

From Tom Petruno's Money & Company blog in the LA Times:

Of all the Lehman Bros. anniversary post-mortems out there, I think Allan Sloan at Fortune magazine may best sum up Wall Street's status one year later.

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