got a few?
there’s a lot of things we should know about, but really, we rarely have the time to really examine what we know. we thought we’d try something new in delivering the news you can use. we’ve made a collection of news stories about one hot topic that you can peruse depending on the time you [...]
cha-ching
us banks will make a record $38B in overdraft fees this year, an amount that has doubled since the year 2000. not surprisingly, the biggest banks– citigroup, bank of america, jp morgan chase, and wells fargo–charge the highest fee (median fee this year for an overdraft is $26).
how else did you think they were going [...]
now we just need a video on how to fix it
grad student jonathan jarvis created his film, the short and simple of the credit crisis, for his thesis. it’s the simpliest explanation i’ve seen yet of the tangled mess we’re in. it’s worth a look-see, even if you think you understand how it started.
part 1
part 2
eventually it all catches up with you
it’s still early tax season but reading the news, we can gain some lessons on how NOT to deal with the our taxes:
if you think you might one day be charged with overseeing the national budget and spending reform, you might want to make sure you don’t ever acquire a tax lien. nancy killefer, obama’s [...]
team obama – US cabinet nominees
now that obama’s picks for the “best basketball-playing Cabinet in American history” are in, it seemed like a good time to create yet another list. this time a list of the names of those who’ll be working with obama to bring about the “change”, assuming they are approved by the senate.
before we get to the [...]
btw, what’d he do exactly?
today, the securities and exchange commission (s.e.c.) pretty much admitted that they screwed up by failing to follow-up on complaints about madoff, the latest finance guy to wreak financial havoc and take another big chunk out of the public trust. rather than rehash the events associated with this mess, i thought i’d do a little [...]
uh-oh
market watchers are now preparing for the other shoe to drop because of the lovely loan products called the alt-a* or option arm** mortgages granted to the greedy bastards customers that took them. 60 minutes covered the story on sunday and it is presented below. when you take into consideration the current and predicted job [...]
